SunSirs--China Commodity Data Group

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SunSirs: Ethylene oxide daily review (April 13, 2022)

April 14 2022 08:22:54     

The price of ethylene oxide remained stable, with the ex factory price of 8200 yuan / ton in East China, North China, South China and Northeast China and 8400 yuan / ton in Central China.

Upstream, there is limited downside space for oil prices, but regional demand continues to be weak, blockade restrictions inhibit market buying sentiment, and ethylene prices weaken slightly. Ethylene oxide today, Fushun Petrochemical slightly increased by 100 yuan / ton, and the market mentality fluctuated slightly. On the whole, the supply side of ethylene oxide Market is still abundant. The downstream demand is general, and the follow-up of terminal demand is slow. However, affected by the profit space, the manufacturer has an obvious mentality of supporting the market.

Forecast: in view of the current poor supply and demand situation and the spread of the epidemic, the market prospect has become uncertain again, and most people in the industry are stable.

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