After three months, the price of ethylene oxide remains stable. Up to now, the latest price is 8200 yuan / ton in North China, South China, Northeast China and East China, and 8300 yuan / ton in Central China.

From the perspective of cost, the ethylene market is in sufficient supply. The overall valuation of domestic ethylene is low. The price of ethylene rises and falls during the month. The price difference between the beginning and the end of the month is almost the same. However, the external ethylene has continued to fall. CIF Northeast Asia fell from $1210 / T at the beginning of the month to $1070 / T at the end of the month, down $140 / T, or 11.57%. With the decline of raw material prices and the recovery of lost land by the RMB exchange rate, it is estimated that the profit margin of ethylene oxide theory will recover to around 250 yuan based on the current external price.

From the demand side, the current domestic epidemic situation is sporadic, and the epidemic control has brought many uncertain factors to the logistics and transportation. Under the interference of the epidemic, the construction in some areas is also greatly restricted. The operating rate of the mixing plant is poor, the real estate continues to weaken, the terminal payment collection is not ideal, and the recovery of infrastructure demand is not as expected. During the month, the production and sales were light, the monomer manufacturers were mainly de stocking, the dealers gave away the profits, and the market transaction price fell. Market participants said that in June and July, the infrastructure industry will face difficulties such as high temperature in summer and plum rain in the south, and the individual market in the later period is not very optimistic.

From the supply side, the market supply side fluctuates little, the supply of goods is sufficient, and the supply and demand side is still loose. Market participants said that although the far east alliance is expected to stop on the 28th, it has little impact on the overall weak situation of supply and demand.

On the whole, the demand side is weak, the price of raw materials is falling, and the center of gravity of ethylene oxide may move down.