Ethylene glycol's current limited supply capacity and price will continue to be in range fluctuation
[As of July 2019, according to CCF statistics, the total production capacity of ethylene glycol was 10 705 million tons, of which coal-based ethylene glycol was 4 41 million tons and oil-based ethylene glycol was 6 295 million tons In the first half of 2019, no new ethylene glycol plant will be put into operation According to the current announced production capacity, the ethylene glycol plant with a petroleum extension of 100,000 tons year will be put into operation at the end of July The synthetic gas used in the plant is associated gas from oil fields, and the cost is low, so the corresponding cost of ethylene glycol production is also low However, the capacity of the device is small and the impact on the supply side is limited .
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