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Ethylene glycol market moves higher 　　

 Last Update: 2022-04-18
 Source: Internet
 Author: User

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Recently, driven by the surge in crude oil prices, the domestic ethylene glycol market has risen strongly

Since the end of October last year, the cash flow of the naphtha-to-ethylene glycol external disk has continued to be in a state of loss, and recently, under the influence of the surge in oil prices, the loss has continued to expand

In terms of inventories, ethylene glycol port inventories continued to accumulate

In terms of demand, the operating rate of the downstream polyester industry of ethylene glycol has recovered to around 91%

On the whole, the current supply and demand side of the ethylene glycol market is weak, and spot transactions are relatively light, but the surge in the cost of crude oil prices has brought strong support to the ethylene glycol market, and the market is expected to rebound

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