List of prices for ethylene oxide in March

The price of ethylene oxide slightly increased in mid March. According to data from Business Society, as of March 15th, the average market price of ethylene oxide in China was 6900 yuan/ton, an increase of 100 yuan/ton compared to before the holiday; From a regional perspective, the epoxy ethane market in East China is priced at 6700-6900 yuan/ton externally; The listed price of ethylene oxide in the South China market is 6900 yuan/ton; The listed price of ethylene oxide in North China is 6800 yuan/ton; The listed price of ethylene oxide in the central China market is 6800 yuan/ton.

Overview of the ethylene oxide industry chain

The main downstream polycarboxylate water reducing agent monomer prices have rebounded, while the upstream raw material ethylene prices have risen. The cost pressure on ethylene oxide enterprises has increased, and the rising prices are transmitted to ethylene oxide. The price of ethylene glycol, a related product, has remained volatile at a high level after an earlier increase, which has also given positive expectations to the supply side of ethylene oxide.

Future market forecast

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 strongly in the short term.