The short two DEG or will continue to high order

Recently, Sinopec two glycol price increase, but the overall market within a narrow range. The $two glycol center of gravity, market trading atmosphere light. The recent shipment reported 850 U.S. dollars / ton, delivery of 840 U.S. dollars / ton, about 840-850 dollars / ton.

In December 13th, the sample average price of 7035.71 yuan / ton, compared with yesterday rose 96.42 yuan / ton, or 1.39%. East China two glycol market consolidation operation. Recently in the related products of ethylene glycol futures contracts and the draft rules appeared for the first time to boost the market, to hasten firm, but with the profit increase, the market to meet resistance, and discuss the currently East market price range in 7050-7100 yuan / ton, the downstream plant procurement intention as resin plant operating load stable slightly decline according to the demand, more rational purchase, chase. Southern China two glycol market strong. The recent high crude oil, and listed in ethylene glycol news driven, electronic market strong rise, boost the relevant stock market trend, but the current market trading stalemate, discuss the intention of 7300 yuan / ton, the downstream plant load is not high, the market rational intervention. The operation of the Fushun Petrochemical two glycol unit normal, factory price 6400 yuan / ton, price stability, recent shipment is not much, the main contract for households, 200 tons per month in normal level, sales. Jilin Petrochemical two glycol factory price 6400 yuan / ton, price stability, reasonable inventory, supply, part of the export, the normal operation of enterprises of ethylene glycol plant. The operation of the Dushanzi Petrochemical two glycol device is normal, the implementation of the factory price of 7100 yuan / ton, price increase 220 yuan / ton, sales oriented enterprises in Xinjiang, the normal operation of equipment. Device manufacturers to produce 400 tons of near normal.

OPEC a frozen production agreement, the trend of crude oil is stronger and stronger trend is expected to maintain the goods, related products and the distribution trend of the strong side, tight spot, holding the goods long emotional support is strong. The expected short-term will continue to high order two deg.