[chemical] Finance Recently, oil and other futures in the gradually warming encounter resistance in the process of short-term fundamentals in bulk under the condition of no clear good road of recovery is still repeated shocks, ethylene glycol as one of the products of chemical products is relatively active, sensitive to external market performance. The downstream polyester market began to improve, the current polyester factory in the lower the average operating rate of around 74%, improved fundamentals are still expected to push prices continue to rise.

Is expected in the short term of ethylene glycol or will stronger shocks, pay close attention to the trend of crude oil.

In March 18th, the domestic parts of ethylene glycol market overview:

Fushun petrochemical ethylene glycol price increase 180 yuan / ton, the local implementation of spot price 5800 yuan / ton, the North China area price 5480 yuan / ton, East execution price 5390 yuan / ton.

Jilin petrochemical ethylene glycol price increase 180 yuan / ton, the local spot out 5800 yuan / ton, the North China area price 5480 yuan / ton, East China price 5390 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 5900 yuan / ton implementation.

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

Sinopec Southern China area of ethylene glycol execution spot price of 5700-5750 yuan / ton; ethylene glycol reduction means negative smooth operation, reasonable shipment. From March 16th to April 22nd overhaul of 1# plant in Maoming.

Sinopec East China sales company of ethylene glycol price increase 200 yuan / ton, the spot price of the implementation of 5700 yuan / ton, owned by Yangzi Petrochemical, Shanghai petrochemical, Yangzi BASF, Zhenhai Refinery are executed. Shanghai petrochemical 2# plant in early March overhaul of the device, the annual production capacity of 380 thousand tons, is expected to restart in March 22nd.