July 31 due to insufficient supply of the market, making the domestic ethylene oxide rose again. Raw materials continue to rise in ethylene support, ethylene glycol strong trend, ethylene oxide market support efforts to grow.

At present, due to the strong market trend of ethylene glycol, most ethylene oxide plant converted ethylene glycol, and further strengthen the supply of ethylene oxide market problems. And downstream of the water-reducing agent and that the active agent trend is acceptable, good trading. However, due to the late operation of new devices, supply shortage will be eased, the latter will be blocked by a sharp rise.

Ethylene glycol

Last week, the crude oil market began to rise significantly, to a certain extent, support the ethylene glycol market mentality. The recent downstream production and sales flat, but the terminal unfavorable factors still need to pass up, the current polyester start to maintain high, cash flow can be finished, demand side performance will remain stable.

Port stocks rose slightly last week, but the overall is still in a low position, ethylene glycol is expected to remain high and volatile.

Ethylene

Last week by the downstream demand for styrene and ethylene glycol support, while the cash supply tight, ethylene selling plate raised last week, Asian ethylene prices rose 20-30 US dollars / ton. Last Friday CFR Northeast Asia prices in the 990-992 US dollars / ton, CFR South East Asia prices in the 905-906 US dollars / ton.
The same time as

Recently taking into account the corresponding device production and other factors, selling mentality is relatively optimistic, more intention to take the goods at high prices.

Ethylene oxide

The current ethylene glycol strong trend, strong support for ethylene oxide, ethylene oxide plant is prolific ethylene glycol; In addition, the new device Sloan production or will ease the market supply situation, but also Not a substantial heavy volume, the market supply shortage is still scarce.
The same time as

On Friday, ethylene oxide business offer up, the market mentality for the better. As the pre-market supply is insufficient, the current take the goods generally good, although the new device put into operation, but the shortage can not fill the market gap. Ethylene oxide market is expected to rise slightly in the short term, long-term rise in pressure.