On June 21, the price of ethylene oxide remained the same as last week. The price of ethylene oxide in eastern China was 7,000 yuan/ton, 7,200 yuan/ton in central, northern and southern China, and 7,400 yuan/ton in northeastern China.
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Ethylene prices continued to bottom, ethylene glycol overall stable, ethylene oxide support is not strong. The output of EO of Shanghai Petrochemical Company has reached a new high. The low trend of ethylene glycol makes the co-production enterprises press the load to ethylene oxide. However, with the increase of Yangzi Petrochemical production and the completion of Liaohua Chemical overhaul next month, the supply and demand situation will change, not excluding the possibility of small fluctuations in prices.
At present, there are still uncertainties in the market, with a strong wait-and-see market as the main factor.
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