Last week, the operating load of ethylene glycol in about 76% decline in the previous month, Anhui Huaihua, Inner Mongolia Tongliao, Henan coal (Puyang), Henan coal (Xinxiang) is still in the parking. Although there is an increase in the port inventory base but is still low, closing on Thursday to the main inventory statistics in East China MEG in 561 thousand and 400 tons, compared with the previous week inventory increased 48 thousand tons. Downstream, robust and smooth polyester started sales performance of ethylene glycol demand can be maintained.

According to customs statistics, 1-8 months in 2016 total imports of ethylene glycol in 4807393883 kg, compared with last year, down 17.90%, imports amounted to $3071087330, compared with last year, down 39.88%. 1-8 month 2016 total export volume of ethylene glycol in 9696412 kg, compared with last year reduction of 48.65%, exports amounted to $14585104, compared with last year, down 43.22%.

In general, good performance of existing peripheral oil for support, and work to ensure stable downstream polyester, but these positive factors still cannot let glycol cause conflagration. At present, the ethylene glycol and tepid state short-term difficult to change, and the current domestic production capacity of large, overcapacity problem will be highlighted, the future is expected to maintain an optimistic attitude, the later influence further attention to the situation on the upstream and downstream of ethylene glycol trend.