The latest p value price of ethylene glycol on November 22 was 5240 yuan / ton.
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In terms of inventory, as of November 22, the total inventory of ethylene glycol in the main ports of East China was 542700 tons, a decrease of 46600 tons, a decrease of 7.91%, and 2300 tons, a decrease of 0.42%, compared with last Thursday.
On November 19, the spot price of ethylene glycol in East China market was 5050 yuan / ton, down 5 yuan / ton compared with the previous trading day and 279 yuan / ton compared with last week.
In terms of devices, Shenhua Yulin 400000 T / a ethylene glycol plant was successfully put into commissioning on November 21, and the output of ethylene glycol was qualified.
Crude oil is still under pressure. Although the manufacturer’s production cost has decreased after the coal price has decreased, the terminal weaving industry has poor willingness to buy goods, limited orders, and the loss of MEG made of coal and MTO has deepened. PTA market presents a state of continuous accumulation. The short-term supply side is loose and the pattern is difficult to change.
Forecast: supply is expected to increase and MEG fluctuates at a low level.
| PVA |