Ethylene oxide daily review (November 24, 2021)

At present, the ex factory price of ethylene oxide in East China, North China, South China and Northeast China is 7500 yuan / ton, and that in Central China is 7700 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 is US $1130 / T, that in Southeast Asia is US $1045 / T, and the quotation of Jinshan Lianmao ethylene today is 7800 yuan / T, which is the same as that of the previous trading day. Ethylene prices slowly declined. According to the latest external price, the loss of ethylene oxide was about 500 yuan / ton. The manufacturer limited production and reduced the burden to reduce the loss.

Downstream, the current valuation of ethylene glycol is at a low level. Although the polyester demand has improved, it fluctuates at a low level due to the expectation of long-term new production capacity and bad crude oil. There are still worries in the monomer downstream market, mainly on the sidelines, with limited demand improvement.

The market is temporarily stable

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