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SunSirs: Market Analysis of Ethylene Oxide Last Week (October 21-25)

October 28 2019 10:37:14     SunSirs (John)

Last week, the price of ethylene oxide was stable. The ex-factory price in East China was 8,000 RMB/ton, the South China and North China was 8,200 RMB/ton, the mainstream price in Central China and Northeast China was 8,100 RMB/ton, and the ex-factory price of Lianhao Group was 8,200 RMB/ton. The factory price of Jiangsu Surban is 8,000 RMB/ton.


The upstream ethylene fell continuously, and the downstream glycol remained stable after a small drop. The polycarboxylate water reducer monomer market was reorganized and operated. According to the contract, the basic support is weak, the downstream demand fluctuation is not obvious, and the market is weak and stable. It is reported that two units were shut down for maintenance in November, involving a production capacity of 900 tons a day.


It is believed that the market of ethylene oxide will be stable in short term.


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