Ethylene oxide daily review (December 29, 2021)

The price of ethylene oxide is stable. The ex factory price in East China, North China, South China and Northeast China is 7500 yuan / ton, and the ex factory price in Central China is 7700 yuan / ton.

 

In terms of crude oil, oil prices continued to rise due to the decline of U.S. inventories. Ethylene prices remained stable after the slow decline. The external price of ethylene in Northeast Asia was US $1020 / ton, that in Southeast Asia was US $1005 / ton, and that of Jinshan Lianmao ethylene was 8000 yuan / ton today, which was flat compared with the previous trading day. The downward trend of raw material prices affected the downstream mentality. The cold wave swept most parts of the country, and the monomer market was cold at the same time. At present, ethylene oxide has a small profit space, and its economic benefit is higher than that of ethylene glycol. The impact of the news of the Winter Olympic Games and the epidemic situation after the year on the market is also unknown. People in the industry generally see stability in the short term.

http://www.lubonchem.com/