1、 Price trend
In this month, ethylene oxide price has been adjusted twice, among which, the price in East China has been reduced from 7600 yuan / ton at the beginning of the month to 5800 yuan / ton, in South China from 7800 yuan / ton to 5900 yuan / ton, and in Northeast, central and North China from 7800 yuan / ton to 5800 yuan / ton.
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2、 Industrial chain:
This month, ethylene oxide Market moved greatly, ethylene price fell continuously, ethylene glycol was affected by crude oil, the market kept bottoming out, the progress of downstream infrastructure industry was not fully opened, the terminal export was not smooth, resulting in weak basic support of ethylene oxide, the market price reduction rumors were very noisy, finally fell on the 24th of this month, and cut again today (31), the market bearish atmosphere was strong Depressed. According to the current ethylene price calculation, the profit of ethylene oxide still exists. However, due to the wide range of public health events, there are many negative factors in the industry as a whole and lack of upward momentum.
3、 Forecast:
It is expected that the market will remain stable in the later period, but it is still necessary to pay close attention to the price changes of upstream and downstream products and the latest news guidance of the factory.
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