Price trend of ethylene oxide
| Sulfamic acid |
According to the data of the business society, the spot price of ethylene oxide in China ran smoothly on September 28, with the average market price of 7500 yuan/ton, which was 16.58% higher than the average market price of 6433.33 yuan/ton on August 23.
Since August, the price of ethylene oxide has been relatively strong, and the domestic ethylene oxide market has been running smoothly in the near future.
Recent fundamentals of ethylene oxide
From the perspective of supply and demand, the supply of ethylene oxide at the supply end has increased in the near future, some of the shutdown devices in the early stage have started to resume production, and some of the devices are expected to restart, so the overall supply is expected to increase before the festival. On the demand side, the market of downstream polycarboxylic acid water reducer monomer is weak in the near future, and the stock of raw materials before the festival is less than expected.
From the perspective of cost, the price of upstream raw material ethylene has declined in the near future, and the supporting effect of cost on the price of ethylene oxide has weakened; The price of polycarboxylic acid water reducer monomer in the downstream has dropped slightly, and it is sensitive to high priced raw materials. At present, the capacity utilization rate of polycarboxylic acid water reducer monomer is about 40%.
Future market forecast
At present, the supply has increased slightly, and the demand is weak. The business community expects that the price of ethylene oxide will be dominated by weak sideways shocks in the short term. In the future, we will wait and see the incremental changes in the supply side.
| http://www.sulfamic-acid.com |