SunSirs: Market Analysis of Ethylene Oxide This Week (11.11-11.15)
November 18 2019 10:46:03 SunSirs (John)
Price trend
The price of ethylene oxide remained stable this week, with the ex factory price of 7600 RMB/ton in East China and 7800 RMB/ton in other regions.
Analysis review
Ethylene price is rising, Lianhong and Shanghai Petrochemical overhaul, market resources are shrinking, ethylene oxide benefits are expanding, market mentality is strengthening, downstream monomer prices are rising, the enthusiasm for goods preparation is improving, glycol shipments are good, the market is stable, and the fundamentals are well supported. Later, with the completion of maintenance, the supply may be gradually relaxed.
Market outlook
The market of ethylene oxide is stable for the time being.
If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.
