The market of ethylene oxide has been stable recently, and the estimated profit is about 310 yuan. The upstream ethylene market is stable, the price of Sinopec is reduced to 8300 yuan / ton, and Luxi Chemical is reduced to 7700 yuan / ton. The price of raw materials is still at a high level, and the cost support is strong at present. The downstream market of ethylene oxide is better than the single market, and the delivery of goods is relatively smooth. At present, due to the influence of the early stage stock market, the transaction volume of the monomer is reduced, and the terminal consumes the stock of raw materials in the early stage, which is more inconsistent with the current monomer price. Therefore, the manufacturer has no intention to adjust the current quotation for the time being. In addition, the terminal operating rate rises slowly, which has an impact on the monomer consumption There is a strong wait-and-see atmosphere. Ethylene glycol was affected by the weakness of chemical fiber production and marketing, with low volatility and many negative factors in the market. The manufacturer slightly reduced the load of ethylene glycol, but the impact on the fundamentals of ethylene oxide was limited.
In terms of units, in order to avoid the commissioning time of satellite petrochemical, Zhenhai Yangzi and Sanjiang units delayed maintenance. Maoming Petrochemical plans to overhaul on the 25th. At present, the epoxy supply side is relatively abundant.
Market participants are stable at present, but it is expected that there will be a downward trend in the long term.
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