Price trend

In October, the price of ethylene oxide remained basically stable. According to data from SunSirs, as of October 26th, the average market price of ethylene oxide in China was 6,800 RMB/ton; From a regional perspective, the average market price in North China ranged from 6,500 to 6,800 RMB/ton, in East China it ranged from 6,800 RMB/ton, in Central China it ranged from 6,800 RMB/ton, and in South China it ranged from 6,600 RMB/ton.

Analysis review

The prices of the main downstream polycarboxylate water reducing agent monomers had been relatively weak recently, while the prices of ethylene oxide had been rising recently, mainly driven by cost factors.

Market outlook

At present, the cost support for ethylene oxide remains unchanged, and the demand for downstream products is the main reason that hinders the upward trend of ethylene oxide prices. It is expected that the price of ethylene oxide will remain relatively stable in the short term.

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