On March 31, the total operating load was 66.39% (stable); non-coal load 73.93% (stable); coal production 54.05 % (stable)
On the 31st, the polyester production start-up was raised to 92.30%, and the polyester production capacity base was raised to 63.275 million tons/year. (Fujian Yijin added 250,000 tons).
On the 31st, the spot price of ethylene glycol in East China opened high and moved lower. The bullish atmosphere in the market was strong in the early trading. The spot price opened at 5300 for negotiation and transactions were completed. There was insufficient upward momentum during the session and fluctuated lower. In the afternoon, the market price dropped from The rise turned down. At the close, the spot price was negotiated at 5145-5155 yuan/ton, down 70 yuan/ton. The South China market remained stable, with talks in the range of 5300-5350 yuan/ton.
As of Monday, the total inventory of MEG ports in the main port area of East China was 580,500 tons, an increase of 9,500 tons from last Monday and an increase of 9,500 tons from last Monday. It dropped by 16,800 last Thursday.
In detail: Zhangjiagang 241,500 tons, Taicang 115,000 tons, Ningbo 63,000 tons; Jiangyin and Changzhou 122,000 tons, Shanghai and Changshu 39,000 tons.
In terms of terminal shipments: Zhangjiagang’s average daily shipments are around 6,000 tons; Taicang’s two warehouses’ combined average daily shipments are 5,200 tons; Ningbo’s main port’s average daily shipments are around 5,000 tons; and Shanghai’s average daily delivery of goods is 2,500 tons. Ton.
The 200,000-ton ethylene glycol unit in Pingding, Yangmei, Shanxi, shut down on March 28, 2020, and is currently actively preparing In recent days, there has been a restart plan.
Fushun Petrochemical’s 40,000-ton ethylene glycol unit plans to start shutting down for maintenance on April 16, which is expected to last about two months.
The 200,000-ton ethylene glycol plant in Pingding, Yangmei, Shanxi, was shut down on March 28, 2020. It is currently under active preparation, and there are plans to restart it in recent days.
Shanxi Woneng’s 300,000-ton ethylene glycol plant will be shut down for maintenance on March 25, which is expected to last about 10 days.
Shaanxi Yanchang’s 100,000-ton ethylene glycol unit began to heat up and restart on March 17. The restart is currently progressing smoothly. Materials will gradually begin to be discharged this week, and product optimization is in progress.
Anhui Hongsifang’s 300,000-ton ethylene glycol unit plans to have an annual maintenance plan in early April, which is expected to last 20 days.
Puyang Yongjin Chemical Co., Ltd.’s 200,000-ton ethylene glycol unit was shut down on March 10. The maintenance of the unit is currently coming to an end and the catalyst is being installed. Products are expected to be released after April 7.
Due to the start-up time of the upstream cracking unit in the United States being moved to mid-April, due to insufficient supply of raw material ethylene, the maintenance time of the 828,000-ton unit of Line 2 was advanced to April 1 and lasted for 3 weeks. about.
On the 31st, the spot price of ethylene glycol market showed a trend of opening higher and lowering. Judging from the current situation, the inventory of ethylene glycol at the main port is low and the factory is expected to restock, which limits the downward space of the spot price. , however, due to the expected increase in the supply of goods in far months, there has been significant upward selling pressure, limiting the rise of spot prices. In the short term, spot prices are still mainly consolidated, and the market is expected to operate in the range of 5,100-5,200 yuan/ton tomorrow. </p