The domestic spot market supply and demand situation of ethylene glycol:

The domestic spot market supply and demand situation of ethylene glycol:

China is the world’s largest producer of polyester, is also the largest consumption country of ethylene glycol, ethylene glycol demand accounted for about 40% of total demand, and the external dependence is as high as 70%.2015 years, China’s ethylene glycol production of about 3 million 916 thousand tons, imports about 8 million 772 thousand tons, apparent consumption of about 12 million 667 thousand tons.

According to the price range of computing in 2015, the stock market funds amounted to 100 billion yuan. Data show that from 2010 to 2015, the average price fluctuations of ethylene glycol ethylene glycol was 50%, in 2015 the highest price of 8060 yuan / ton, the lowest price is 4155 yuan / ton, up to 49%. amplitude over the same period, PTA price volatility only 24%. severe price volatility exacerbated polyester enterprises procurement risk.