At present, the latest quotation of ethylene oxide industrial chain: the ex factory price of ethylene oxide in Northeast China is 7700 yuan / ton, that of ethylene oxide in Central China is 7800 yuan / ton, that of ethylene oxide in South China is 7700 yuan / ton, that of ethylene oxide in North China is 7700 yuan / ton, and that of ethylene oxide in East China is 7700 yuan / ton.

Due to the double drag of cost and demand, the price of ethylene oxide has experienced an expected decline. At present, the latest ex factory price in East China, North China, South China and Northeast China is 7700 yuan / ton, and that in Central China is 7800 yuan / ton.

Upstream ethylene has briefly returned to calm, but the weak supply-demand situation has not changed. However, the high prices of crude oil and naphtha limit the decline. Some market participants predict that ethylene may have a situation of limiting production and protecting prices. At present, the latest Northeast Asia ethylene outer disk price is $1050 / ton, Southeast Asia ethylene outer disk price is $1150 / ton, and Jinshan Lianmao ethylene’s quotation today is $8350 / ton, flat compared with the previous trading day. Based on the current outer disk price, Ethylene oxide is currently losing about 100 yuan. At present, the supply side of ethylene oxide is still abundant, the demand side continues to be under pressure and the possibility of improvement in the near future is small. Before the EO price reduction, the downstream monomer offer has begun to loosen, and some dealers have reduced the monomer price in advance. Today, the situation of a small negative decline in the monomer price still exists. The stimulation and boost effect of the ethylene oxide price reduction on the downstream is very limited.

Forecast: the fundamentals are weak, there is no obvious positive in the short term, and the decline is mainly digested.