Ethylene oxide remained stable this week. At present, the ex factory price of ethylene oxide in East China, North China, South China and Northeast China is 8200 yuan / ton, and that in Central China is 8400 yuan / ton.
Ethylene remained at a high level. The external price of ethylene in Northeast Asia was US $1250 / ton, that in Southeast Asia was US $1250 / ton, and the quotation of ethylene in Luxi Chemical industry today was 8900 yuan / ton, up 400 yuan / ton compared with the price of the previous trading day.
Continuous losses put pressure on manufacturers. Ethylene oxide and some downstream monomer manufacturers reduced production and reduced burden, which means a strong support for the market, but the recovery of terminal demand is still slow. Generally speaking, the rise of the market needs the cooperation of many aspects. If it is just a simple rise in the cost side, the foundation is unstable, and there is no real recovery factor, it is prone to the virtual heat situation of sharp rise and fall. At present, people in the industry point out that the downstream demand has not been fully expanded. Therefore, although the market is rumored to rise, it should be treated rationally. Compared with Monday, hPEG, TPEG and ethanolamine were flat, and AEO-9 rose 1.36%.
Forecast: driven by the upstream raw materials, the market focus of ethylene oxide moves upward, the downstream wait-and-see atmosphere is strong, and the market mentality is different. The author believes that there is room for upward growth, but it is less than the rumored range.
| Thiourea |