This month, the price has slightly improved. The mainstream East China region has increased by 4.17% from 7200 yuan / ton at the beginning of the month to 7500 yuan / ton. At present, the factory price in South China is 7500 yuan / ton, that in North China is 7650 yuan / ton, that in Central China is 7700 yuan / ton, and that in Northeast China is between 7350 yuan / ton and 7550 yuan / ton.
Affected by the accident, the market of ethylene market is heating up rapidly. In the past week, CFR Northeast Asia has reached 970 US dollars / ton. The cost side is strongly supported. According to the current price of ethylene oxide, the profit is thin. According to market participants, the current cogeneration units hope to obtain more profits from their own consumption. Although ethylene glycol destocking is progressing smoothly and polyester operating rate in the downstream increases, the market fluctuates in a narrow range due to the increase of unit operating rate, and the degree of correlation between ethylene oxide price and ethylene oxide price is reduced. The price of polycarboxylate superplasticizer monomer market rose slightly due to the cost. However, with the cold weather, the scope of snowfall in China has gradually expanded, especially in the northeast region, where transportation and construction are limited and the demand side is weak.
The cost side is strong, and the overall stability is upward. Generally speaking, cost support and resource shortage are the main factors for the rise of ethylene oxide. However, under the background of uncertain demand changes, it remains to be seen how far the stable and upward market of ethylene oxide can go despite many favorable factors.
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