The price of ethylene oxide remained stable this week, of which the ex factory price in the mainstream East China was 7200 yuan / ton, and the quotation in other regions was 7200-7400 yuan / ton.
After digesting the increase this week, the price of upstream ethylene CFR Northeast Asia market rose slightly to US $775 / T, which reduced the pressure on the cost side, but in other words, the profit margin of EO was also compressed. Ethylene glycol is affected by the downstream traditional peak season, the demand side is strong, and the price is strong. The supply and demand of downstream monomer manufacturers are fair. Affected by the EO price, more than half of the manufacturers raised the unit price on August 31, reducing the enthusiasm of trading and increasing the market wait-and-see attitude.
The volatility is limited in the short term.
| Thiourea |