Ethylene oxide remained stable this week. At present, the ex factory price of ethylene oxide in East China, North China, South China and Northeast China is 8200 yuan / ton, and that in Central China is 8400 yuan / ton.

In terms of upstream ethylene, the energy value of crude oil is weak, and the ethylene price fell slightly this week. So far, the latest external price of ethylene in Northeast Asia is US $1300 / ton, that in Southeast Asia is US $1300 / ton, that of Luxi Chemical ethylene is 8800 yuan / ton, and that of Jinshan Lianmao ethylene is 9100 yuan / ton.

The contradiction between supply and demand in the short-term ethylene oxide market has not been alleviated. Although affected by the epidemic, the manufacturers switched to ethylene glycol and the supply of ethylene oxide was tightened, the downstream synchronization was weak and the supply and demand were weak.

This week, the price of downstream monomer manufacturers was mainly stable, the logistics was blocked, and the demand was sluggish. Under the continuous constraints, it was difficult to improve in the short term.

Forecast: ethylene oxide has high cost, low supply and demand and no profit. It will take time to break the ice.