The price of ethylene oxide remained stable this month, with the mainstream ex factory price of 7500 yuan / ton in East China, 7500 yuan / ton in South China, 7650 yuan / ton in North China, 7700 yuan / ton in Central China and 7450 yuan / ton to 7550 yuan / ton in Northeast China.

The high crude oil price consolidation promoted the ethylene price to remain at a high level. However, the downstream demand entered the traditional off-season. Affected by the cold weather and heavy pollution weather emergency response and other factors, the single manufacturer’s shipment was limited, the inventory gradually accumulated, and the trading enthusiasm was not high. Ethylene glycol went smoothly, inventory decreased, and the price was supported, but the impact on the market of ethylene oxide was limited. The Sanjiang plant has not yet heard the news of restart, and the tight market resources situation continues. At present, it seems that the market as a whole is still in a short silent state. After the good news from the downstream is transmitted to the upstream, the price of ethylene oxide may be expected to rise.

According to market participants, in order to balance the regional price difference, tomorrow, central China will drop 200 yuan / ton and North China will drop 150 yuan / ton.