The leading domestic ethylene oxide enterprises operation trends
Published: 20 Feb 2009 01:15:53 PSTThe ethylene oxide and glycol facility of Yangtze Petrochemical Company is under regular operation. The settlement price of January was at RMB 10,000/t but in early February, the list price was at RMB 9500/t. Along with the cancellation of the "on-sale promotion" policy, the list price is returned to RMB 10000/t again in February.
The glycol/ethylene glycol facility of PetroChina Fushun Petrochemical Company is under 70% running rates. In January, the ethylene oxide settlement price was ranged at RMB 9700-10000/t and in early February, the list price is at RMB 9700/t, but the offering prices for small clients are at RMB 10020/t.
The new glycol facility, with the capability of 380,000 tons/year in Shanghai Petrochemical Company increases its operation rates currently. The settlement price of EO in January was at RMB 10000/t. In early February, the list price was at RMB 9500/t but it resumes to RMB 10000/t now.
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