Glycol daily review (20220412)

In terms of devices, the 400000 ton syngas MEG new device in Guanghui, Hami, Xinjiang has produced excellent products today, and the current load is around 30%.

 

Crude oil fluctuated in the downward direction, and the cost support of ethylene glycol weakened. In the afternoon, Meg’s outer disk fluctuated in a narrow range, and the recent cargo negotiation estimated that it was around 650 US dollars / ton. Today, the commencement of ethylene glycol and polyester continued to decline, the terminal orders were not smooth, and the demand was soft.

 

Forecast: the fundamentals are empty, and it is expected to fluctuate at a low level.

Polyglutamic acid

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