According to customs statistics, my country imported 742,800 tons of ethylene glycol in November 2021, a month-on-month increase of 15.88% and a year-on-year increase of 18.83%. The cumulative imports during the year were 7.7048 million tons, a decrease of 26.95% over the same period last year. The import amount that month was US$582.1597 million, and the average price was US$783.71/ton, an increase of US$54 compared with the average price in October.
Ethylene glycol imports by country in November 2021
Among the import source countries in November 2021, most countries have increased their supply of goods to China, with Singapore and the United States increasing most significantly. Singapore increased by 204% and the United States increased by 65%. Among them, Saudi Arabia still ranks first in imports, accounting for 36.1% of the total imports. %, with Taiwan, China ranking second, accounting for 12.03%, and the United States ranking third, accounting for 10.33%.
A 700,000-ton ethylene glycol unit in the United States was shut down for maintenance in early October and has now restarted operation. In addition, according to sources, ExxonMobil and SABIC’s 1.1 million-ton/year MEG unit in Texas is also undergoing commissioning. , with the restart of U.S. equipment and the release of new production capacity, supply is expected to increase, and the U.S. share of domestic ethylene glycol imports will increase.
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