The price was raised during the week. At present, the ex factory price in East China, Northeast China and North China is 7800 yuan / ton, that in Central China is 7850 yuan / ton, and that in South China is 7700 yuan / ton.
The raw material ethylene is expected to weaken. As of today, the CIF price in Northeast Asia is US $930 / T and that in Southeast Asia is US $965 / T, which is the same as that of the previous trading day. The quotation of domestic Luxi Chemical ethylene is 7800 yuan / T and that of Jinshan Lianmao ethylene is 7300 yuan / T. In the early stage, ethylene oxide ushered in a rising market due to the favorable impact of plant shutdown. However, with the gradual completion of maintenance of the plant, the shortage of supply has eased, and the negative factors have gradually become prominent. The downstream monomer manufacturers mainly sell goods at a profit margin. The ethylene oxide price rise this time, the monomer manufacturers did not follow up, and the price transmission was not smooth. It can be seen that the main reason for the pressure on the market is still the high cost and weak demand faced by the downstream.
Fundamentals are weak, and the market outlook is cautious.
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