The price of ethylene oxide remained stable this month, with the national ex factory price ranging from 7200 yuan / ton to 7400 yuan / ton, of which the ex factory tax inclusive price of mainstream East China was 7200 yuan / ton.
Ethylene prices rose this month, some ethylene oxide plants were overhauled, and the supply side was tight. However, the weakness of the downstream unit market is hard to hide, and the manufacturers are under pressure to deliver goods. Some manufacturers reduce the price of goods to reduce the inventory pressure brought by the long holiday. The market of ethylene glycol is weakening, many units are put into operation and the downstream demand is gradually lower in the later stage. Under the double impact of supply and demand, the market center of gravity moves down slightly.
On the whole, although the cost support is strong, the demand is low, which makes it difficult to adjust the price of ethylene oxide before the festival. People in the industry are cautious and the market atmosphere is strong.
Temporary stability, need to pay close attention to the downstream market.
| Thiourea |