Diethylene glycol: how to go after the holiday market

After the Spring Festival , the domestic market trend slightly diethylene glycol ups . Market wave inverted "V" type to the industry impressed. Festival returned to the East China stocks rebound near 70,000 tons , this level is much anticipated in the business , and the sources are more concentrated in the hands of one hand , in this situation , holding the goods will pull up even more strongly , even with no significant buying Next , East to discuss the mainstream market price through red to 9000 yuan / ton above the point on just a few days , this level has been reached in early December 2013 level . However, did not last long , in the absence of end-demand trends and related products with weak bearish pressure , the market prices of diethylene glycol road destined to last long, the East China market Wednesday in a single -day drop 200 yuan / ton of momentum in the market pull back to pre-holiday levels. Then stop market between 8700-8800 levels , then the current internal factors of the overall market do?Wholesale masking tape

After the Spring Festival, it seems from the current fundamentals , as diethylene glycol, the major downstream unsaturated resin market is not a lot of return to work , on the occasion of the preliminary inventory has not been consumed , the majority of domestic resin plant multi-see attitude, the device starts a handful , as the author press time , the domestic industry operating rate of the resin into the load level at 2-3 ; while for the terminal facility , they tend to purchase raw materials and more cautious. Psychological demand replenishment idea is still the terminal plant. And after the latter accompanied by the Lantern Festival , and more open domestic resin plant , or a slow recovery in demand for raw materials .Masking tape

Port of arrival of the situation seems to lead to delays during the Spring Festival diethylene glycol fog vessels , resulting in the Festival port stocks increased by only less than one million tons of volume, this is far below the 80,000 level before the holiday industry intentions tons of inventory. This is why the Festival intention of holding the goods very price support lies. Zhuo editor published on the site over the previous mid- focused inward cargo is expected to continue early next week, there are still about 10,000 tons of supply inward , then the port inventories are still many cases depends on downstream demand . Traders psychological aspects , before the holiday most traders holding a limited supply, traders jiancang Festival in cycles, then the current market price is relatively high, traders have not yet reached the psychological level , traders jiancang slightly cautious. Industry Trader prices have mostly dominated the appropriate replenishment .Washi tape

Recent U.S. cargo discuss more in the $ 1,210 price / ton at the top level , equivalent to more than the price of RMB 9,000 yuan / ton in the vicinity , cost pressure is relatively clear , the primary provider late still very price intentions. The latter part of the extension of the cargo is still to Hong Kong next week's arrival near the level of about 1 million tons , the port terminal stock recovery rate was more dependent on plant demand . Related Products glycol high inventories , industry bearish intent bodied, short-term weak trend is bound to have an impact on the business mentality of diethylene glycol . Traders from the current psychoanalytic view, some traders wish to cover short positions after the appropriate price dropping a narrow range , while single-handedly holding a large supplier sources they do not want too high prices, the above short-term domestic market or diethylene glycol finishing the main shock , the market trends up or down before the show .Sellotape