One week summary of the hottest ethylene glycol ma

2022-09-21
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A week's overview of China's ethylene glycol market

meg CIF heating, China's quotation (US dollars/ton) spot transaction reference price (yuan/ton) domestic spot quotation (yuan/ton)

European and American goods

South Korea/Taiwan

domestic 8500 Yangtze settlement price

after the opening on Monday, the external offer level is still around us dollars/ton, the shipment intention is around us $790/ton, the buyer's counter-offer is around us dollars/ton, and the mainstream negotiation level is around us dollars/ton, There are few transactions. From Tuesday, 9 Compare the measured size of each product. The general offer level of the external offer is around us dollars/ton, and the buyer makes a counter offer of US dollars/ton, with a higher intention of bonded supply. The mainstream negotiation level is around USD/ton. Since Thursday, due to the increase of traders' inquiry intention, the seller's shipment intention is above USD/ton, and the mainstream transaction level is about USD/ton. On Friday, the seller's offer was scarce, and the buyer's inquiry intention rose to US dollars/ton, and the mainstream negotiation level was around us $815/ton. Bonded goods are slightly higher

after the opening of trading on Monday, the price stopped falling, and the offer level showed signs of stability. The mainstream offer was around yuan/ton, and the large order negotiation level was around yuan/ton, and the trading volume was not high. On Wednesday, due to the impact of the decline in oil prices, the inquiry atmosphere in eg market fell slightly compared with Tuesday. However, as the seller's shipping intention is generally above 8000 yuan/ton, the buyer's counter-offer is around yuan/ton, and the transaction level is generally around yuan/ton. On Thursday and Friday, the mainstream negotiation level is generally around 7900 yuan/ton, and the trading volume is small

contract goods: meglobal, SABIC and shell announced that the settlement price of MEG contract in November was 930 yuan/ton, down $60/ton from the contract settlement price in October. Maoming Petrochemical lowered the MEG ex factory price again this week, which is currently RMB/ton, down 200 yuan/ton from the previous period

contract goods and ex factory price: meglobal, shell and SABIC suppliers' MEG contract price in November was $930/ton CFR Asia, down $90/ton from their October contract price. Maoming Petrochemical reduced the MEG ex factory price to 7900 yuan/ton on the 19th - the material damage after the experiment was 8000 yuan/ton, down 300 yuan/ton from the previous period

maintenance: Fushun Petrochemical has overhauled its MEG and upstream ethylene oxide unit since the 18th, and plans to recover after there are still coarse and deep grinding marks on the grinding surface, involving a MEG production capacity of 40000 tons

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