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Ethylene oxide poised, waiting for market guidance
Release Date：2013-11-21 Source：admin Views：1251
Recent domestic ethylene oxide temporary holding stability sidelines, although market speculation rose atmosphere, but each Sinopec No domestic manufacturers announced price adjustment news, so the price is temporarily clouds the message.According to Cho Chong understood that domestic stocks slightly higher in North China ethylene oxide, in part due to the early termination downstream stocking ample procurement initiative is not high, affecting sales of ethylene oxide, so the possibility of North China Not hike; East China currently due Yangzi Petrochemical ethylene oxide catalyst problem, the load has not been filled, some local supply side a little tight, so the atmosphere of East China fry up on a little too much; pre Northeast and because of Panjin Liaoning epoxyethane device unexpected trouble parking a few days, so the impact of the supply part; another Jilin ethylene oxide unit is currently running about 80% load, pre-stop three days or so, the amount of current that little bit more so the supply side Northeasttight.South China to maintain normal inventory levels, prices slightly stable.
Festival, has been at the downstream end of the recovery process, but did not achieve the desired effect, on the contrary, some years ago, stocking slightly abundant downstream plants, the effect of the normal procurement ethylene oxide; won the Tour triethanolamine in terms of itsMost end-users for the cement grinding aids factory, by the impact of macroeconomic policies, downstream shortage of funds, real estate started shrinking dramatically, after the Lantern Festival, the market has not significantly improved, the overall turnover continued downturn trend, manufacturers of cement stocks in the southern region of 80%about 90% high, so the poor triethanolamine sales, their prices are slightly weak pull-up.
Another related downstream glycol Festival back in a tepid state, positive negative factors are more obvious, of course, ethylene prices have a direct relationship to the sales of ethylene oxide, ethylene glycol market so clunkerwhile ethylene oxide or maintenance of stability is a key to continue.
We believe that the current domestic ethylene oxide from the integrated basic point of view, the lack of substantive positive push ethylene oxide, so Zhuo expected short-term maintenance of stability of ethylene oxide or wait; Also most of the downstream end is still the recovery process,EO slightly cautious domestic factory price adjustment, the current market is still waiting for further guidance.
Festival, has been at the downstream end of the recovery process, but did not achieve the desired effect, on the contrary, some years ago, stocking slightly abundant downstream plants, the effect of the normal procurement ethylene oxide; won the Tour triethanolamine in terms of itsMost end-users for the cement grinding aids factory, by the impact of macroeconomic policies, downstream shortage of funds, real estate started shrinking dramatically, after the Lantern Festival, the market has not significantly improved, the overall turnover continued downturn trend, manufacturers of cement stocks in the southern region of 80%about 90% high, so the poor triethanolamine sales, their prices are slightly weak pull-up.
Another related downstream glycol Festival back in a tepid state, positive negative factors are more obvious, of course, ethylene prices have a direct relationship to the sales of ethylene oxide, ethylene glycol market so clunkerwhile ethylene oxide or maintenance of stability is a key to continue.
We believe that the current domestic ethylene oxide from the integrated basic point of view, the lack of substantive positive push ethylene oxide, so Zhuo expected short-term maintenance of stability of ethylene oxide or wait; Also most of the downstream end is still the recovery process,EO slightly cautious domestic factory price adjustment, the current market is still waiting for further guidance.