The price of ethylene oxide is flat today. At present, the ex factory price is 7350 yuan / ton.

In the upstream, the truck driver strike that has caused losses in the supply chain logistics of various industries in South Korea for a week has subsided. However, the operating rate of the steam cracking unit using naphtha as raw material has been reduced from 81% on June 7 to 76% at present. At present, the main downstream PE of ethylene can only reduce the burden to reduce the inventory pressure due to factors such as high factory inventory and compressed profit space, In addition, it still takes time to clear the logistics, and the current market sentiment is still pessimistic. Domestic ethylene price fluctuation is limited, and the industry is cautious in participating in the market. At present, the latest ethylene outer disc price in Northeast Asia is 1010 US dollars / ton, and that in Southeast Asia is 1150 US dollars / ton. Today, Jinshan Lianmao ethylene quoted 8450 yuan / ton, unchanged from the previous trading day. Today, Luxi Chemical ethylene quoted 8250 yuan / ton, up 150 yuan / ton from the previous trading day.

The overall atmosphere of downstream monomer negotiation is better than that in the early stage. However, due to the influence of ethylene, it is rumored that EO may have a downward trend. Although it has not been implemented at present, there is still a wait-and-see mentality in the recent monomer market. The manufacturer stimulates the market at a low price, the dealer negotiates the goods at a low price, and the actual price of the landing order is slightly lower. The selling price of hPEG of Linyi Ruihang import and Export Co., Ltd. (Sanjiang monomer) today is 8500 yuan / ton, and the price of hPEG of Maoming Hongfu Chemical Co., Ltd. today is 8750 yuan / ton.

Forecast: there is no substantial improvement in downstream demand, the demand side is not strong, the current ethylene oxide supply is still wide, the cost is high, the transmission is blocked, and the short-term rise and fall are limited.