Brief introduction of ethylene oxide market this week (may 11-may 15)

On Monday (11), the market rose by 200 yuan / ton, including 6500 yuan / ton ex factory in East China, a major region.

 

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Due to the centralized maintenance of ethylene oxide plant in North China, the limited resources will form the basic support for the market, and the market will steadily strengthen. Ethylene bottomed out and rebounded. The price of ethylene glycol rose. Due to the double positive effects of rising cost and falling operating rate, the price improved and the support for cost increased. The price of the downstream unit is affected by the increase of EO, and the delivery is mainly based on rigid demand, with general purchasing enthusiasm.

 

Maintain stability. At present, although it seems that there is a lack of momentum for a big rise, the market is still optimistic in the later period. We need to pay attention to the supply side and the change of raw material prices.

http://www.pva-china.net

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