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Commodity News

SunSirs: Brief Introduction of Ethylene Oxide in November

December 05 2019 11:08:35     SunSirs (John)

Price trend

The ex factory price is 7,600 RMB/ton in East China, 7,800 RMB/ton in Central China, South China and North China, and 7,900 RMB/ton in Northeast China.

 

Analysis review        

Industrial chain: This month, a set of units in North China and East China were overhauled, and the market resources gradually contracted, and the overall market of ethylene oxide was relatively stable. After finishing of the upstream ethylene horizontal plate, the downstream ethylene glycol was slightly affected by the port inventory, while the inventory of the downstream polycarboxylic acid water reducing agent monomer enterprises was low, and the market trading was positive due to the impact of the North rush, and the price also rose slightly. However, affected by the season, the overall sales volume of water reducing agent in the North decreased, and some products were sold to the south. When the demand gradually weakened, the overall market may show an adjustment trend.

 

Market outlook

Ethylene oxide Market is stable for a short time and we need to pay close attention to ethylene price and monomer production and marketing trends.

 

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