海外装置检修增加 预计乙二醇期货下方空间较有限

News Summary Core Viewpoint - The current situation of ethylene glycol in East China shows an increase in port inventory, while production and capacity utilization have decreased, indicating a complex market dynamic with potential implications for pricing and supply [1][2][3]. Group 1: Inventory and Production Data - As of September 15, the port inventory of ethylene glycol in East China reached 395,600 tons, an increase of 32,400 tons compared to the previous Thursday and an increase of 8,800 tons compared to the previous Monday [1]. - The weekly production of ethylene glycol in China was 404,600 tons, a decrease of 5,400 tons or 1.33% from the previous week [1]. - The domestic ethylene glycol total capacity utilization rate was 66.55%, down by 0.90% week-on-week [1]. Group 2: Market Sentiment and Price Outlook - Newhu Futures indicated that the main contradiction in the ethylene glycol market lies between the expectation of inventory accumulation and the reality of low inventory levels, with no significant accumulation pressure expected in September and October [2]. - Southwest Futures noted that while domestic ethylene glycol production is high and new facilities are coming online, increased overseas maintenance and reduced imports have led to a significant decrease in inventory levels, suggesting potential pressure on prices [3]. - Despite the low inventory situation, Newhu Futures believes that the price of ethylene glycol has strong support around 4,200 [2].