The latest p value price of ethylene glycol today is 6350 yuan / ton.

In terms of inventory, as of October 25, the total inventory of ethylene glycol in the main ports of East China was 596400 tons, an increase of 81400 tons, an increase of 15.81%, and 31400 tons, an increase of 5.56%, compared with last Thursday.

In terms of devices, the 200000 t / a coal to ethylene glycol plant in Puyang, Henan Province was shut down for maintenance for one month on October 20. CNOOC shell’s 400000 T / a ethylene glycol unit was shut down for 50 days on October 20.

In terms of MEG outer plate, the atmosphere warmed slightly in the afternoon, and the center of gravity changed little. Recently, the ship’s offer is around us $805 / T, the delivery is around us $795 / T, and the negotiation is between us $795-800 / T. Despite the strong performance of international crude oil, the price limit of coal, as one of the raw materials of ethylene glycol, has hit the ethylene glycol market to a certain extent. Due to the slight accumulation of reserves at the port and the recent approval of 12 million tons of imported crude oil quota for phase II of Zhejiang Petrochemical, the supply is expected to increase, and the market sentiment is becoming more and more cautious. In the downstream, under the continuous influence of the dual control policy, the demand of the polyester industry is low and the purchase and sales are bleak.

Forecast: weak fundamentals, MEG weak shocks.