Summary of ethylene oxide Market in one week (August 17 – August 21)

This week, the market is good, and the national general rise was implemented on the 18th and 21st, with an increase of 200 yuan / ton. At present, the latest price of mainstream East China is 7000 yuan / ton.

 

Melamine

Some enterprises stopped production for maintenance, and the ethylene oxide plant of Sanjiang Letian (100000 tons) and Jiangsu oak (200000 tons) overhauled. As a result, market supply pressure was reduced and regional resources were tight. In addition, the consumption of downstream monomers increased, prices continued to rise, manufacturers’ inventory was low, and the market transaction atmosphere began to be active, forming an upward adjustment window. Ethylene narrow range shock, weak consolidation, raw material price stagflation, cost support is weak, and ethylene oxide profit margin is improved. Ethylene glycol is affected by the demand side, the price rises, and the fundamental support is strong.

 

According to market participants, the price of epoxy continued to rise on the 25th, with an increase of 200 yuan / ton and the implementation of 7200 yuan / ton.

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