In January 28th, ethylene glycol Market Overview

[chemical]  Finance recently, glycol high narrow range. 26, East China glycol spot to discuss the market price in 4600 yuan / ton; Southern China to discuss the market price of 4750 yuan / ton; northeast to discuss the market price of 4600 yuan / ton.

January 25th glycol commodity index was 45.72, compared with the previous day fell 0.21 points, representing the highest point period 104.87 (2011-09-18) fell 56.40% compared with December 15, 2015, the lowest point of 44.89 rose 1.85%. (Note: the cycle refers to 2011-09-01 so far)

Overall, in the global financial markets fell in bad excess supply of crude oil under the background of time later, the price of crude oil of low volatility, the chemical market cost down the overall market platform, ethylene glycol lost some support. The , due to the Spring Festival approaching, the downstream polyester plant shutdown increases, the spot market tends to be deserted, fundamentals are expected to run steady. The ethylene glycol maintain range of finishing, years before the shock space co..

Market dynamics of ethylene glycol in January 28th part of the enterprise or area:

Fushun petrochemical ethylene glycol price increase 130 yuan / ton, the local implementation of spot price 4830 yuan / ton, the North China area price 4510 yuan / ton, East execution price 4390 yuan / ton.

Jilin petrochemical ethylene glycol price increase 130 yuan / ton, the local spot out 4830 yuan / ton, the North China area price 4510 yuan / ton, East China price 4390 yuan / ton; reasonable inventory, delivery is acceptable.

Dushanzi petrochemical ethylene glycol plant annual production capacity of 60 thousand tons, the current stable operation, its products mainly supply the surrounding area, the spot price of 4850 yuan / ton implementation.

Sinopec North China glycol spot price implementation of 4800 yuan / ton. Yanshan petrochemical, Tianjin petrochemical equipment normal operation in the spot, no export, mutual supply of Tianjin chemical fiber.

Sinopec Southern China ethylene glycol price increase 100 yuan / ton, the spot price of 4600-4800 yuan / ton; the normal operation of ethylene glycol plant inventory normal, reasonable shipment.

Sinopec East China sales company of ethylene glycol price increase 200 yuan / ton, the spot price of the implementation of 4700 yuan / ton, owned by Yangzi Petrochemical, Shanghai petrochemical, Yangzi BASF, Zhenhai Refinery are executed.

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