Ethylene oxide briefing this week (April 1 – April 9)

Ethylene oxide remained stable this week. The ex factory price of East China, central China and South China is 8400 yuan / ton, and that of Northeast China and North China is 8600 yuan / ton. Shanghai Petrochemical is expected to be overhauled next week, while satellite Petrochemical is expected to start at the end of the month, and the specific time has not been determined yet.

 

The price of crude oil was strong and fluctuated at a high level, which led to the high price of ethylene in the outer market. Based on the current ethylene price in Northeast Asia, the epoxy profit fluctuates around 600 yuan. The downstream side is light as a whole, and the terminal construction is insufficient. The downstream inventory of polycarboxylate superplasticizer monomer is high, and the monomer price has increased slightly within the week. The manufacturers have strong willingness to support the price. Although the actual transaction price is close to the cost line, the terminal demand is low, and the monomer price fluctuation space is limited due to the just need to purchase. The market price of ethanolamine dropped within the week, with monoethanolamine down 6.96%, diethanolamine down 5.71% and triethanolamine down 9.09%.

 

At present, the market is stable.

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