The supply is tight, and the price of diethylene glycol fluctuates at a high level

1、 Price trend

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According to the data of business agency, on September 30, the average p value of diethylene glycol market price was 6683 yuan / ton, an increase of 553 yuan / ton compared with September 1, an increase of 8.99%.

In September, the price of diethylene glycol fell slightly after rising. On September 26, the ex factory price of Sinopec in South China was increased by 200 yuan / ton, 6500-6600 yuan / ton. On September 23, the ex factory price of Sinopec in East China was increased by 100 yuan / ton, 6500-6650 yuan / ton. On September 24, the ex factory price of Sinopec in North China was increased by 200 yuan / ton to 6600 yuan / ton.

2、 Analysis of influencing factors

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As of September 27, the total inventory of diethylene glycol in the main port of East China was 17.35 million tons, a month on month decrease of 29.05 million tons, a decrease of 14.53%, and a decrease of 9.45 million tons, a decrease of 35.26%, compared with August 30. Shutdown and maintenance of Yanshan Petrochemical Unit. The diethylene glycol production line of PetroChina northeast Jilin Petrochemical operates at low load. Zhongke oil refining unit operates smoothly.

3、 Analysis and prediction

At present, the operation rate of downstream plants affected by the restricted power policy is low, and the operation rate of main downstream UPR of diethylene glycol is maintained at 36%. The supply side port inventory and import volume continued to be low. Although a small number of cargo ships planned to arrive at the port, the inventory was still insufficient. In the middle and late of this month, a small amount of goods just needed to be prepared before the festival in the downstream market. Originally, it was in a tight spot state, superimposed a small increase in demand, and the market price continued to rise. At the end of the month, the downstream goods preparation was basically completed, the demand side change space was slightly narrow, the market transaction was weak, and the price fell by a narrow margin. After the festival, the market also needs to pay attention to the arrival of the supply terminal and the change of the demand terminal. It is expected that the short-term diethylene glycol market may continue to operate at a high level.

http://www.lubonchem.com/

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