The price of ethylene oxide is temporarily stable. The ex factory price in East China, North China, South China and Northeast China is 8200 yuan / ton, and the ex factory price in Central China is 8400 yuan / ton.

In terms of upstream ethylene, crude oil prices continued to rise, and ethylene was boosted and operated stronger. The latest external price of ethylene in Northeast Asia was US $1280 / ton, and that in Southeast Asia was US $1280 / ton, up US $20 / ton compared with the previous trading day.

The current low prosperity of the downstream monomer market is mainly due to the imbalance between supply and demand. At present, the excess demand can not be effectively transmitted to the terminal, but the supply of raw materials can not be maintained. Although the monomer manufacturers intend to support the market in view of the current high crude oil level, the low terminal operating rate has always restricted the downstream procurement mentality.

Forecast: due to the rising price of ethylene and the pressure on the cost of manufacturers, the center of gravity of ethylene oxide has moved upward due to the influence of raw materials, but the expected rebound degree is limited by the downstream demand, and from the current situation, it is difficult to improve the terminal demand in the short term.