The price of ethylene oxide is temporarily stable. The ex factory price in East China, North China, South China and Northeast China is 8200 yuan / ton, and the ex factory price in Central China is 8400 yuan / ton.
| PVA |
Upstream ethylene fluctuated at a high level. Up to now, the external price of ethylene in Northeast Asia is 1350 US dollars / ton, and that in Southeast Asia is 1350 US dollars / ton, down 10 US dollars / ton from the price of the previous trading day. The downstream monomer market was seriously affected by the epidemic. Some monomer dealers suspended their quotation because they were unable to deliver goods, and some manufacturers in the heavily affected provinces were trapped in the dilemma of unable to get in raw materials and products. The inventory was under pressure. Individual manufacturers reduced production, and the market trading sentiment was weak.
Forecast: due to the loss of the whole line, although the downstream is weak and the recovery of demand side is affected by force majeure, the cost is high. If there is no special benefit, the manufacturer may take measures to reduce the burden or limit the production and price to stop the loss.
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