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SunSirs: Market Analysis of Ethylene Oxide This Week (December 9-13)
December 14 2019 13:46:04SunSirs(John)

On December 13, the price of ethylene oxide in North China was increased by 100 RMB/ton, and the adjusted price was 7,900 RMB/ton. The price in the rest areas was stable. The price in Northeast China was 7,900 RMB/ton, the ex factory price in East China was 7,600 RMB/ton, and the price in South China and central China was 7,800 RMB/ton.

Ethylene continued to decline, the downstream glycol port inventory continued to decline, the spot price went up, and the downstream monomer industry remained stable. Although the market was not optimistic about the later EO market, the inventory was low, and the market was optimistic. Ethylene oxide Market was short of resources. The price rise in North China yesterday was the most obvious signal. At present, the situation of the device has not changed much, and the overall support surface is stable.

Resources are tight, but they are dragged down by the material market, lack of momentum to rise, and mainly maintain stability.

 

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