What are the uses of polyethylene glycol 4000 manufacturers in the market

Polyethylene glycol, as the name implies, is formed by condensation of ethylene glycol, while another preparation method is obtained by adding ethylene oxide and water. In domestic industry, peg is obtained by addition polymerization of ethylene oxide with water or glycol, with sodium hydroxide or potassium hydroxide as catalyst, in a polymerizer. Compared with the complex production process of other chemical products, the preparation method of polyethylene glycol is not simple, which determines that the price trend of polyethylene glycol will not be affected by too many factors. The main price influencing factor is the price trend of raw material ethylene oxide. In the second half of the year, ethylene oxide is still slowly declining. What is the impact of the raw material market on the price trend of polyethylene glycol?

The upstream raw material side was continuously depressed by the decline of international crude oil and Asian ethylene, and the domestic ethylene oxide market experienced a cross monthly reduction forecast. Recently, the price adjustment of ethylene oxide in China has finally come to an end, which is in line with the market expectation. However, the downward trend of ethylene in Asia has not stopped, and the bearish sentiment of the industry is still there. Downstream and terminal panic was suspended, but due to the poor delivery in the near future, the purchase of ethylene oxide still maintained a small amount on demand. According to the data, at present, each sales company of Sinopec has implemented 7500 yuan / ton of ethylene oxide, with the weekly average price down 1.54% on a month on month basis, 30.56% lower than the same period last year, and the price of ethylene oxide is gradually approaching this year's low point. The weekly average price fell 1.59% month on month, 33.49% lower than the same period last year,.

The progressive decline of raw materials has undoubtedly depressed the mentality of people in the polyethylene glycol market. As the polyethylene glycol series products are widely used, suppliers' quotations are more flexible to adjust according to the change trend of raw materials. Therefore, since the announcement of ethylene oxide reduction, suppliers are gradually following the adjustment of their quotations, with a range of about 200-300 yuan / ton. According to the data, at present, PEG400 offers in East China market The price reference is 8300-8400 yuan / ton, the transaction price reference is 8000-8300 yuan / ton, and the quotation reference price of sporadic clean water in the site is about 7600 yuan / ton; the quotation reference price of PEG4000 is 9000-9400 yuan / ton, and the actual order can be negotiated according to the quantity.

Looking at the application field, the chemical properties of polyethylene glycol determine the diversity and universality of the application field of products. According to the application field, polyethylene glycol can be classified into food grade, pharmaceutical grade, cosmetic grade and industrial grade. The most outstanding characteristic of PEG is its wide compatibility with various solvents, wide viscosity range and hygroscopicity, so it plays an important role as an intermediate in the production of surfactants, lubricants and plasticizers. While polyethylene glycol and raw material ethylene oxide are in a declining market situation, it's hard to say that the short-term is a good turning point, and buyers in various fields in the downstream also keep a wait-and-see attitude, waiting for a lower price to appear. According to a trader in East China, the recent increase of polyethylene glycol terminal orders is limited, and the situation of goods delivery is not optimistic, and the intention of entering the market for purchasing operation is also depressed. In this environment, it is expected that the domestic polyethylene glycol market will continue to be weak, and the subsequent weakness will continue.