The price of ethylene oxide jumped off a cliff this month, and the price fell sharply. At present, the ex factory price of ethylene oxide in East China, North China, South China and Northeast China is 7500 yuan / ton, and the ex factory price in Central China is 7700 yuan / ton. Compared with the beginning of the month, the price is reduced by 2500 yuan / ton, a decrease of 25%. According to the current price calculation, the loss of ethylene oxide is around 500 yuan, the downward space is limited, and the bottom building market is basically formed.

The upstream ethylene price also weakened slightly compared with the beginning of the month. At present, the latest external price of ethylene in Northeast Asia is US $1130 / ton, down US $70 / ton or 5.83% compared with the beginning of the month.

As the ethylene oxide price was at a historic high at the beginning of the month, the risk degree increased, the market was basically in a wait-and-see atmosphere, and the downstream procurement operation became more cautious. In addition, due to the impact of the off-season of the infrastructure industry in northern winter, it is difficult to increase the demand. Traders with large single inventory leave the warehouse at a low price to avoid pressing the warehouse, which has a negative impact on the mentality of the industry. Some units in Fujian united and Sanjiang are shut down for maintenance. There are many private enterprises and the unit load is low, but on the whole, the drag on the supply and demand side still exists.

Forecast: temporarily stable in the short term, and pay attention to the changes of raw material prices and start-up in the later stage.