Brief introduction of ethylene oxide this week (April 1-10)

Prices remained stable in the first ten days of this month, with 5800 yuan / ton in East China and other regions, except for 5900 yuan / ton in South China.

 

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As of today, the upstream ethylene CFR market price in Northeast Asia has dropped to 355 US dollars / ton. Affected by the international situation, the price is difficult to rise in a short period of time. The profits of ethylene oxide are still considerable. The price of downstream monomer factories has been raised, the purchasing mentality has been enhanced, and the ethylene glycol has stabilized after a narrow rise. However, the overall support surface is still weak and lacks the power to rise. In the future, some devices will be overhauled, and resources on the market may be tightened to a certain extent.

 

It is reported that tomorrow’s EO will be increased by 200 yuan / ton, but overall stability maintenance should still be the main thing, and timely attention should be paid to the factory news.

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