[chemical] Recently, the domestic ethylene glycol market overall stable. Last week, the domestic ethylene glycol overall prices rose slightly, the overall rise in crude oil, the increase of user confidence. Three or four months is the downstream polyester product demand season, polyester factory overall construction increased to about 75%, in the international crude oil rose and money driven, polyester market potential upstream, downstream users demand high.

Overall, crude oil prices slightly improved, the user confidence increased, ethylene glycol futures traded. But the end of the week with the site cash pressure increase, market access to the state of adjustment. In the three or four month of the main domestic manufacturers is expected to save maintenance, supply and good will continue. The downstream polyester plant is gradually recovering, improved fundamentals are still expected to push prices continue to rise. Glycol market volatility is expected in the short term bullish consolidation, floor increase, pay close attention to the situation of crude oil.

Market dynamics of ethylene glycol in March 14th part of the enterprise or area:

Sinopec East China sales company glycol execution spot price 5800 yuan / ton, owned by Yangzi Petrochemical, Shanghai petrochemical, Yangzi BASF, Zhenhai Refinery are executed. Shanghai petrochemical 2#3 month overhaul, the annual production capacity of 380 thousand tons, is expected to restart in March 22nd.

Sinopec Southern China area glycol price down 150 yuan / ton, the spot price of 5650-5800 yuan / ton; the normal operation of glycol device, take the goods reasonable. From March 16th to April 22nd overhaul of 1# plant in Maoming.

Sinopec Huabei glycol price 6000 yuan / ton. Yanshan petrochemical, Tianjin petrochemical equipment normal operation, no spot for export, mainly for Tianjin chemical fiber cross.

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 5900 yuan / ton implementation.

Jilin petrochemical ethylene glycol price down 100 yuan / ton, the local spot out 5720 yuan / ton, the North China area price 5400 yuan / ton, East China price 5310 yuan / ton; reasonable inventory, delivery is acceptable.
Fushun petrochemical ethylene glycol price down 100 yuan / ton, the local implementation of spot price 5720 yuan / ton, the North China area price 5400 yuan / ton, East execution price 5310 yuan / ton.

The normal operation of Shandong Hualu Hengsheng chemical ctmeg plant, annual production capacity of 50 thousand tons, the price 5500-5550 yuan / ton, the real single dwell.