Ethylene oxide remained stable, with the ex factory price of 8200 yuan / ton in East China, North China, South China and Northeast China and 8300 yuan / ton in Central China.
The supply of ethylene is abundant, and the bottom market continues. The latest external price of ethylene in Northeast Asia is 1150 US dollars / ton, down 20 US dollars / ton compared with the price of the previous trading day. Affected by the decline of ethylene price, the profit space of ethylene oxide has been repaired. Based on the current external price and exchange rate, EO currently has a loss of about 250 yuan / ton. The real estate policy is good for the terminal, and the recovery of terminal demand is relatively slow. The inventory of monomer factories still needs time to digest, and the market is mainly on the sidelines.
Forecast: temporarily stable.
| PVA |