The price of ethylene oxide has been adjusted in some regions, with an increase of 100 in Central China and 7650 yuan / ton, and the ex factory price in other regions is 7550 yuan / ton.

Upstream, oil prices rose on Friday, which continued to be supported by concerns about the prospect of tight supply, but the global economic recession curbed the rise in oil prices. Spot valuation of light distillate oil in Asia continued to follow the rise of international crude oil futures the previous day. Naphtha spot valuation rose to $85.72 / barrel. Up to now, the latest price of ethylene in Northeast Asia is 980 US dollars / ton, that in Southeast Asia is 1030 US dollars / ton, that of Jinshan Lianmao ethylene is 7400 yuan / ton today, and that of Luxi Chemical ethylene is 7400 yuan / ton today. As of the close of July 8, the spot price difference between Northeast Asia ethylene and naphtha was $101 / ton, down nearly $18 / ton from the previous trading day, far below the break even price difference.

The start-up plan of Yangzi Petrochemical and Far East joint venture is postponed, and the volume of China Science and technology equipment is gradually increased. At present, the supply balance of ethylene oxide Market is wide, and the related product ethylene glycol continues to be undervalued, which is difficult to have a positive impact on the price of ethylene oxide.

Affected by the price fluctuation in Central China, the quotations of some downstream monomer manufacturers increased slightly, but the overall follow-up was limited, making it difficult to lift the EO market higher on the demand side.

Forecast: ethylene oxide Market is temporarily stable.