Price List of Ethylene Oxide in August

In August, the price of ethylene oxide increased. According to data from Business News Agency, as of August 28th, the average market price of ethylene oxide in China was 6400 yuan/ton; From a regional perspective, the average market price in North China is 6400 yuan/ton, East China is 6400 yuan/ton, Central China is 6400 yuan/ton, and South China is 6500 yuan/ton.

Overview of ethylene oxide industry chain

In July, the prices of the main downstream polycarboxylate water reducing agent monomers were strong, and the off-season effect was weak. Currently, supply and demand are still tightly balanced.

Supply side

Previously, the price of ethylene oxide was relatively low, and some manufacturers hit the cost line, facing increasing pressure to lose money. The operating rate of manufacturers was relatively low, and some enterprises underwent equipment maintenance. In addition, some production factories may switch to producing ethylene glycol or adjust their own usage ratio to alleviate production and sales pressure. Overall, there are frequent malfunctions in the ethylene oxide plant, leading to a tightening of market supply. At the end of last month, the supply of goods in South China was tight, driving overall market optimism.

Ethylene oxide prices rose in August

In the short term, the cost support for ethylene oxide has strengthened, and with the transmission effect of upstream and downstream product prices, the price of ethylene oxide has improved. On the supply and demand side, under the increasing losses of ethylene oxide enterprises on the supply side, production enthusiasm is not high, external sales of enterprises are decreasing, and domestic supply is showing a tense situation. There is still room for the price of ethylene oxide to rise in the short term.