On the 26th, domestic ethylene oxide maintained a strong trend, the regional cargo tight situation continued, and the market's bullish atmosphere continued. In terms of raw materials, ethylene in Asia has continued to rise, with CFR Northeast Asia quoting US$960-970/ton, and CFR Southeast Asia quoting US$905-915/ton, an increase of US$10/ton.

The contradiction between the supply and demand of the related product, ethylene glycol, has intensified. Although there were occasional rebounds during the period, the demand was general and the overall performance was still weak. As of the publication on the 27th, the mainstream reference quotation in the domestic ethylene oxide market is at RMB 7,500-7850/ton. The specific details are as follows:

At present, the price of ethylene as raw material in Northeast Asia has risen mainly, and the profit margin of ethylene oxide has narrowed. According to the current price of 7,500 yuan/ton of ethylene oxide in East China, it can be calculated that the current profit of factories in this region is less than 100 yuan per ton. .

Downstream polycarboxylic acid water-reducing agent monomers are actually high in real prices, but the transactions are scarce. As the weather turns cold, especially the environmental protection policy in the northern region, the market demand has declined significantly and the transaction is weak.

On the whole, the regional price difference of domestic ethylene oxide is obvious. Due to the tight market situation and cost, the market has a large room for growth. It is expected that short-term ethylene oxide will maintain a strong operation. For details, we need to pay attention to the latest market news and guidance and operate with caution .

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