The first half of this year, the market downturn, the impact of imports increase

The first half of this year, the market downturn, the impact of imports increase. According to statistics, the month of 2016 1-4 ethylene glycol butyl ether imports reached 58352 tons, compared with the same period last year rose 60.33%. Increase imports makes the overall domestic supply surplus, the market price even broken record low. The second half of the supply of easing, the demand gradually tightened, resulting in decline in ethylene glycol butyl ether market.

First, the supply side view, the first half of an ethylene glycol butyl ether imports this year decline last year, domestic factories that supply instability, surface tension, ethylene glycol butyl ether 1 uplink. But in the smooth operation of butyl ether equipment November Dana factory, the domestic supply gradually peatlands, the whole supply gradually easing. Secondly, the demand gradually tightening. Because of the weather, the golden nine silvers ten is downstream coatings enterprises operating rate fell, the downstream users mainly just need to maintain.

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In general, the end is approaching, China’s ethylene glycol butyl ether supply pressure, highlight the contradiction between supply and demand. Two upstream raw materials in wait-and-see situation, market supply is relatively concentrated.

According to market sources, Dana factory butyl ether November 21st overhaul installation plan for about 10 days, affected by this, the short term domestic ethylene glycol butyl ether on the atmosphere gradually rose.

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