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Ethylene glycol weak finishing does not rule out the possibility of falling

wallpapers News 2020-11-03

ethylene glycol:

ethylene glycol inventory in East China totaled 791500 tons, up 15000 tons from last week. Among them, Zhangjiagang 527000 tons, Taicang 148500 tons, Ningbo 98000 tons, Jiangyin 16000 tons, Jiaxing 2000 tons. The shipment in the reservoir area is flat. It is reported that some of the warehouses have centralized delivery in the later period, so the inventory may be further increased. Most traders, especially those in Ningbo, are bearish, big sellers sell their goods in succession near the weekend, which adds to the pessimism of the market. The low operating rate of downstream polyester factories the decline of polyester production sales, as we all know, the overall capital of the factory in the fourth quarter is not optimistic, leading to the factory maintaining rigid dem. The market lacks the boost of favorable buying, it is expected that the market negotiation will remain weak next week. And in the case of the spread of pessimism, it is not ruled out that there may be a decline.

polyester:

from the perspective of bottle piece dem, there are downstream manufacturers to replenish large orders, but in terms of the current price, there is still the possibility of the downstream to build a position on bargain. On the whole, after more than a week's rising price, domestic bottle chip factories will be weak in the next week or follow the raw materials. It is not ruled out that some factories may lower their prices for shipment. DTY inventory was maintained at 33-38 days, POY inventory was in 10-15 days, FDY inventory was maintained at 22-25 days. The production sales of polyester manufacturers maintain, the production sales of mainstream enterprises are mostly at the level of 60-90%. In the continuous loss of slicing, the factory starts to decline, the inventory is limited, there is not much room for decline in the later stage. The price is attractive to downstream purchasing, the dem is still slightly better than that in the early stage, the market is more cautious stable.


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TRUNNANO (aka. Luoyang Tongrun Nano Technology Co. Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years' experience in providing super high-quality chemicals and Nanomaterials. The nitride powder produced by our company has high purity, fine particle size and impurity content. Please contact us if necessary.