Ethylene oxide daily review (2022 / 1 / 12)

The price of ethylene oxide is stable. The ex factory price in East China, North China, South China and Northeast China is 7300 yuan / ton, and the ex factory price in Central China is 7400 yuan / ton.

 

In terms of upstream ethylene, the external price of ethylene in Northeast Asia was US $975 / T and that in Southeast Asia was US $965 / T, which was flat compared with the previous trading day.

 

The upstream ethylene price fell steadily. I heard that the domestic ethylene price fell today and the cost side support weakened. The supply and demand of ethylene oxide in the region is uneven, some units are shut down and production is reduced, and the supply of goods in East China is tight. The downstream monomer demand is light, the stock market has not yet come, the price has stabilized, and the wait-and-see atmosphere is strong.

 

Long short game, temporary stability

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