Ethylene oxide daily review (November 17, 2021)

At present, the ex factory price of ethylene oxide in East China, North China, South China and Northeast China is 8000 yuan / ton, and that in Central China is 8200 yuan / ton, which is the same as that of the previous trading day.

In terms of upstream ethylene, the external price of ethylene in Northeast Asia was US $1150 / T, which was flat compared with the previous trading day. The ex factory quotation of Jinshan Lianmao ethylene was 8000 yuan / T today. The external price of ethylene was significantly higher than that in China, and the arbitrage window was closed. According to the latest external price, ethylene oxide has been produced at a discount.

In terms of downstream polycarboxylic acid superplasticizer monomer, weak terminal demand is a common topic. At present, the market price has fallen to around 8700 yuan, which is affected by weak demand. Some monomer manufacturers reduce the load for production.

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On the EO trend, the two views of the market are intertwined, either down or flat. On the whole, most people hold a hollow state.