Ethylene oxide daily review (February 16, 2022)

The price of ethylene oxide is temporarily stable. The ex factory price in East China, North China and Northeast China is 7700 yuan / ton, and the ex factory price in central and South China is 7900 yuan / ton.

 

The price of upstream ethylene rose and fluctuated at a high level. The external price of ethylene in Northeast Asia was US $1210 / ton, that in Southeast Asia was US $1190 / ton, and that of Jinshan Lianmao ethylene was 8600 yuan / ton today. However, the recovery of downstream demand was slightly slower than that in previous years, the rise of monomer was blocked and the consolidation was deadlocked. At present, the switch between EO and EG is opened again recently, and the EO supply is expected to be loose.

 

Forecast: due to the long short game, there are differences in market mentality, so we need to pay attention to the latest factory news guidance.

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