List of ethylene glycol prices
| Chitosan oligosaccharide |
According to data from Business News Agency, on September 1st, the average price of domestic oil to ethylene glycol was 4136.67 yuan/ton, an increase of 1.89% compared to the beginning of the month. The prices in various regions are as follows:
The price range for spot goods executed by mainstream manufacturers in East China is between 3950-4200 yuan/ton; The spot price of ethylene glycol in the South China market is 4050 yuan/ton, while the price range for mainstream manufacturers in Central China is 3950 yuan/ton; The spot price for mainstream manufacturers in North China is 4350 yuan/ton.
The factory price of coal based ethylene glycol is low, with a current price range of 3550-3700 yuan/ton.
| Gamma-PGA (gamma polyglutamic acid) |
On August 31st, the CIF price of ethylene glycol in China was 466 US dollars/ton; The CIF Southeast Asia price is 481 US dollars per ton.
Ethylene glycol fundamentals
The port inventory is high and in a continuous accumulation state; On the supply side, there is an expectation of an increase in production due to the restart of equipment in the early stage; On the demand side, the sustainability of polyester’s high start-up rate needs further observation. The supply and demand fundamentals of ethylene glycol are relatively weak, but the cost support has recently strengthened. The upward trend in crude oil prices and the synchronous increase in coking coal prices have formed strong cost support for ethylene glycol. The recent game point is whether the emotional benefits brought by cost factors can suppress the reality of weak fundamentals.
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