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Ethylene oxide price trend analysis
Release Date：2013-11-21 Source：admin Views：1399
Since the early focus on the release of production capacity, coupled with the demand resulting oxide crazy fall season in late May, less than two weeks time fell 2,300 yuan / ton, the fast rate of decline of surprised people.At present domestic manufacturers offer the following:
Sinopec East China spot price 11,800 yuan / ton, North China spot price of 11,800 yuan / ton, central company spot price 12,100 yuan / ton, South firm spot price 11,800 yuan / ton; Petroleum northeast Fushun Petrochemical perform 11,800 yuan / ton, Liaoyang Petrochemicalimplementation of 11,800 yuan / ton, the implementation of Jilin Petrochemical 11,700 yuan / ton.
From a price perspective, the domestic manufacturers offer at 11,800 yuan / ton, while the European unit quotes are translated into RMB 12,800 ~ 13,500 yuan / ton, more than 1000 yuan per ton higher than domestic quotations;
Glycol is currently quoted at 9500 ~ 9800 yuan / ton, the production of ethylene glycol and ethylene oxide profits are similar, but glycol conducive storage, easy to transport, and ethylene oxide is not, but the recent market glycolmaintain the momentum to pull up, along with lucrative profits up, so do not rule out the latter part of EO manufacturers will regulate the proportion of domestic output of ethylene glycol to adjust market supply and demand;
From the cost factor, the current international oil prices hovering around $ 100 a barrel in Asia ethylene quoted at around $ 1200, international oil prices over the same period last year is only $ 60 a barrel, and now quite ethylene oxide quote, from this perspective we thinkThe current low prices of ethylene oxide, may rise at any time;
Device: Tianjin Petrochemical ethylene oxide unit on June 6 from the parking maintenance, the plant planned parking 7-15 days; Taiwans Nanya glycol device further turmoil, it is learned will cancel the June supply on the market; thismaking the market a significant reduction in the amount of goods.
In summary, we believe that domestic prices have reached the bottom of ethylene oxide, ethylene glycol if prices remain pull up momentum, then ethylene oxide may increase at any time, I hope the majority of aids users to seize the lowPrice opportunity stocking.
Sinopec East China spot price 11,800 yuan / ton, North China spot price of 11,800 yuan / ton, central company spot price 12,100 yuan / ton, South firm spot price 11,800 yuan / ton; Petroleum northeast Fushun Petrochemical perform 11,800 yuan / ton, Liaoyang Petrochemicalimplementation of 11,800 yuan / ton, the implementation of Jilin Petrochemical 11,700 yuan / ton.
From a price perspective, the domestic manufacturers offer at 11,800 yuan / ton, while the European unit quotes are translated into RMB 12,800 ~ 13,500 yuan / ton, more than 1000 yuan per ton higher than domestic quotations;
Glycol is currently quoted at 9500 ~ 9800 yuan / ton, the production of ethylene glycol and ethylene oxide profits are similar, but glycol conducive storage, easy to transport, and ethylene oxide is not, but the recent market glycolmaintain the momentum to pull up, along with lucrative profits up, so do not rule out the latter part of EO manufacturers will regulate the proportion of domestic output of ethylene glycol to adjust market supply and demand;
From the cost factor, the current international oil prices hovering around $ 100 a barrel in Asia ethylene quoted at around $ 1200, international oil prices over the same period last year is only $ 60 a barrel, and now quite ethylene oxide quote, from this perspective we thinkThe current low prices of ethylene oxide, may rise at any time;
Device: Tianjin Petrochemical ethylene oxide unit on June 6 from the parking maintenance, the plant planned parking 7-15 days; Taiwans Nanya glycol device further turmoil, it is learned will cancel the June supply on the market; thismaking the market a significant reduction in the amount of goods.
In summary, we believe that domestic prices have reached the bottom of ethylene oxide, ethylene glycol if prices remain pull up momentum, then ethylene oxide may increase at any time, I hope the majority of aids users to seize the lowPrice opportunity stocking.