1、 Price trend
According to the market data, the average price of glycerin was 23.48 yuan / ton, down from 6036.7 tons last Friday, down from the average price of glycerin on Friday.
The price range of glycol fluctuated on Tuesday. The ex factory quotation of Sinopec in North China was temporarily stable and that of Sinopec in South China was temporarily stable. PetroChina northeast Jilin Petrochemical lowered its quotation by 600 yuan / ton.
2、 Analysis of influencing factors
As of July 19, the total inventory of diethylene glycol in the main port of East China was 19600 tons, a decrease of 4700 tons or 19.34% compared with last Monday.
Sinopec South China unit operates smoothly. At present, PetroChina northeast Jilin Petrochemical has shut down and overhauled the diethylene glycol production line, with a unit capacity of 109000 T / A. It is expected to restart in late July. It is mainly supplied to users in Northeast China, most of which are produced and used by themselves, and the export volume is small.
3、 Analysis and prediction
The overall supply and demand performance was relatively stable. The low price and small stock of downstream factories supported the upward trend of real orders in the market, and the transaction was slightly supported. Crude oil and ethylene glycol rose, giving the market some support and boost. It is expected that the short-term diethylene glycol market will still be dominated by shock consolidation.