Overview of ethylene oxide prices in December
In December, the price of ethylene oxide remained stable. According to data from Business Society, as of December 29th, the average price of ethylene oxide in the domestic market was 6400 yuan/ton; From a regional perspective, the epoxy ethane market in East China is priced at 6400 yuan/ton externally; The listed price of ethylene oxide in the South China market is 6500 yuan/ton; The listed price of epoxy ethane in North China is 6400 yuan/ton; The listed price of epoxy ethane in the central China market is 6400 yuan/ton; The listed price of ethylene oxide in Northeast China is 6300-6350 yuan/ton.
Overview of the ethylene oxide industry chain
The main downstream polycarboxylate water reducing agent monomer enterprises have low inventory, relatively stable production, and relatively stable demand for ethylene oxide. The rest of the downstream enterprises mainly operate steadily; From the recent upstream and downstream product prices, it can be seen that downstream prices have started to rise, increasing profit margins and strengthening support for the price of raw material ethylene oxide in the short term.
Short term supply may slightly increase, but prices are unlikely to improve in January
The demand for downstream products of ethylene oxide remains stable, and recently, ethylene oxide has been operating steadily. Jiangsu Silbang device may restart, with limited increment nationwide. The main downstream industries have not undergone significant changes in production, with stable orders being the main focus. It is expected that the price of ethylene oxide will remain weak and stable in the short term.
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