Market Analysis Of Polyester Industry In 2012

Next year, China's polyester industry will increase its annual production capacity by 200 metric tons. The main raw material of ethylene glycol (EG) production capacity will only increase by about 100 thousand metric tons.

The capacity utilization of EG plant has reached 83% this year. High-grade The water level is expected to continue next year. Because the new increase in global production is not enough, it helps EG operators' performance.

Polyester industry statistics show that in 2012, the new capacity of the polyester industry in mainland China is about 2 million metric tons. The upstream raw material EG will be added to the capacity next year, with only 80 thousand tonnes of Dacheng biochemical technology from the mainland, 3 thousand tonnes of Sanjiang chemical industry and 500 thousand tonnes of Huaian and Yuan chemical industries.

As Huaian and Yuan chemical industry enter into operation in the fourth quarter of next year, it is expected that the mainland will only increase EG production capacity by about 100 thousand metric tons.

China's new EG capacity from this year to 2013 Total About 600 thousand to 800 thousand tonnes, but as the downstream polyester industry expands rapidly, the demand for raw materials EG will increase, and the price of EG will rise. It is expected that EG will continue to be bullish in 2012.

EG is one of the important raw materials of chemical fiber, and its capacity is only inferior to pure terephthalic acid (PTA). After polymerization of EG and PTA, polyester fibers and polyester chips can be produced. Polyester fibers can produce cloth and clothing after drawing, and polyester sheets can be molded into bottles, which is the largest container for carbonated drinks. In addition, EG is used alone as a winter antifreeze. avoid The water pipe iced up.