Ethylene oxide remained stable this week. At present, the ex factory price of ethylene oxide in East China, North China and Northeast China is 7200 yuan / ton, and that in central and South China is 7300 yuan / ton.
The downstream side has increased to varying degrees. The mentality of the main downstream monomer market is good, and the manufacturer has closed the plate to rise. Compared with Monday, hPEG increased by 4.44%; TPEG rose 4.35%; Monoethanolamine increased by 8.49%; Diethanolamine rose 3.16%; Triethanolamine was flat; AEO-9 rose 6.56%.
The cost side drive is obvious. After the Spring Festival, ethylene changed the decline before the festival, achieved a good start, and the market rose strongly. Ethylene oxide is already at a discount, but the fundamentals are stronger. In this way, the price rise is also expected.
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