SunSirs: The Price of Ethylene Oxide Rose in Mmid March
March 20 2024 10:43:34 SunSirs (John)
List of prices for ethylene oxide in March
The price of ethylene oxide slightly increased in mid March. According to data from , as of March 15th, the average market price of ethylene oxide in China was 6,900 RMB/ton, an increase of 100 RMB/ton compared to before the holiday; From a regional perspective, the epoxy ethane market in East China was priced at 6,700-6,900 RMB/ton externally; The listed price of ethylene oxide in the South China market was 6,900 RMB/ton; The listed price of ethylene oxide in North China was 6,800 RMB/ton; The listed price of ethylene oxide in the central China market was 6,800 RMB/ton.
Overview of the ethylene oxide industry chain
The main downstream polycarboxylate water reducing agent monomer prices hadrebounded, while the upstream raw material ethylene prices had risen. The cost pressure on ethylene oxide enterprises had increased, and the rising prices were transmitted to ethylene oxide. The price of ethylene glycol, a related product, had remained volatile at a high level after an earlier increase, which had also given positive expectations to the supply side of ethylene oxide.
Market outlook
The demand for downstream products of ethylene oxide may have positive expectations with the start of terminal real estate construction. The supply side is affected by factors related to production conversion, resulting in an improvement in supply expectations. It is expected that the price of ethylene oxide will fluctuate to be stronger in the short term.
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