Ethylene oxide briefing this week (January 4-january 7)

The latest p value price of ethylene oxide on January 7 was 7300 yuan / ton.

 

Thiourea

Upstream ethylene stabilized. The external price of ethylene in Northeast Asia was US $1020 / T, that in Southeast Asia was US $1005 / T, and that of Jinshan Lianmao ethylene was 8000 yuan / T today, which was the same as that of the previous trading day.

 

The downstream monomer is light, the stock market has not started yet, the demand is poor, and there are few inquiries. In particular, the market demand in Northeast China has basically stagnated, the temperature in North China has dropped significantly, the market demand is coming to an end, some mixing plants have been shut down for holidays, and only a few key projects are still catching up. In some areas, due to the impact of environmental protection early warning, vehicle transportation and site construction are limited. Compared with the beginning of the week, hPEG decreased by 1.16%; TPEG fell 1.14%; Monoethanolamine; Diethanolamine; Triethanolamine was flat; AEO-9 fell 0.8%.

 

Ethylene oxide production and sales are under obvious pressure in the short term, and market uncertainties remain. Market participants predict that there may still be room for reduction before the festival, so it is necessary to pay close attention to the latest news guidelines of the factory.

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