Ethylene oxide briefing this week (August 8-august 12)

During the week, ethylene oxide digested the decline and the price remained stable. At present, the mainstream ex factory price is 6300 yuan / ton.

 

Thiourea

Due to the slowdown of economic growth, high freight and weak global demand, the export of steam cracking unit products is hindered. Therefore, the current demand for spot naphtha is low. The external price of ethylene in Northeast Asia continues to decline, and has dropped to US $850 / T at present. As of the closing of Asia on August 11, the spot price difference between ethylene and naphtha CFR in Japan was US $135 / T. due to the weakness of ethylene, the price difference decreased, and the economy of naphtha cracking ethylene was poor.

 

At present, private enterprises mainly deliver orders. Under the pressure of cost, the supply of ethylene oxide continues to be tight. The zhouneselbang unit has been shut down for a short time due to failure, and it is expected that the situation will improve next week. It is reported that Yangzi Petrochemical Company plans to restart the unit on the 20th of this month. Maoming Petrochemical Company plans to restart the unit within this week, and the unit will be discharged soon. Wuhan Petrochemical Company will stop next weekend and restart in September. According to the latest ethylene price in Northeast Asia, ethylene oxide has a loss of about 500 yuan / ton.

 

The overall demand of the downstream industry continues to be weak, and the improvement power of monomer terminal demand is insufficient, and the demand for raw material ethylene oxide is still difficult to release.

 

Forecast: temporarily stable. People in the industry generally believe that the tight supply situation is expected to continue until the Yangtze River is started.

http://www.thiourea.net

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