Overview of Ethylene Oxide Prices in November

In November, the price of ethylene oxide decreased. According to data from Business News Agency, as of November 20th, the average market price of ethylene oxide in China was 6400 yuan/ton; From a regional perspective, the epoxy ethane market in East China is priced at 6400 yuan/ton externally; The listed price of ethylene oxide in the South China market is 6500 yuan/ton; The listed price of epoxy ethane in North China is 6400-6500 yuan/ton; The listed price of ethylene oxide in the central China region is 6600 yuan/ton.

Overview of ethylene oxide industry chain

The main downstream polycarboxylate water reducing agent monomer is affected by poor terminal demand, and recent weak demand has weakened its support for the price of ethylene oxide.

Raw material end

The price of raw material ethylene has started to show a weak market consolidation, and the cost support for ethylene oxide is average. On November 17th, the estimated CFR China price for ethylene in the port was between 860-880 US dollars per ton.

Ethylene oxide prices may be weakly stable in November

The short-term decline in crude oil, weak stability in ethylene prices, and weak cost side of ethylene oxide; The weak demand for downstream products has led to a recent decline in the price of ethylene oxide. However, as profits expand towards negative values, there is an expectation of a decrease in the operating rate of ethylene oxide, and the downward space gradually narrows. It is expected that the price of ethylene oxide will remain weak and stable in the short term.