Overview of ethylene oxide prices in December

In December, the price of ethylene oxide decreased. According to data from Business Society, as of December 25th, the average price of ethylene oxide in the domestic market was 6400 yuan/ton; From a regional perspective, the epoxy ethane market in East China is priced at 6400 yuan/ton externally; The listed price of ethylene oxide in the South China market is 6500 yuan/ton; The listed price of epoxy ethane in North China is 6400 yuan/ton; The listed price of ethylene oxide in the central China market is 6400 yuan/ton.

Overview of the ethylene oxide industry chain

The main downstream polycarboxylate water reducing agent monomer is affected by poor terminal demand, and the demand has remained weak and stable recently with little change in operating load. The demand for ethylene oxide is relatively stable, and the short-term price support is average.

Raw material end

The price of raw material ethylene has begun to show a weak market consolidation, and the cost of ethylene oxide is generally supported. As of December 22nd, the estimated CFR China price for ethylene in the port is around $850-870 per ton.

The price of ethylene oxide may remain weakly stable in December

The demand for downstream products of ethylene oxide remains stable, and recently, ethylene oxide has been operating steadily. However, as profits expand towards negative values, there is an expectation of a decrease in the operating rate of ethylene oxide, and the downward space gradually narrows. It is expected that the price of ethylene oxide will remain weak and stable in the short term.