The price of ethylene oxide was lowered by 500 yuan / ton yesterday. At present, the ex factory price of ethylene oxide in East China, North China, South China and Northeast China is 7500 yuan / ton and that in Central China is 7700 yuan / ton.

Upstream ethylene remained stable. The external price of ethylene in Northeast Asia was US $1150 / T, that in Southeast Asia was US $1065 / T, and that of Jinshan Lianmao ethylene was 7800 yuan / T today, which was the same as that of the previous trading day.

The downstream situation was bleak, with hPEG down 4.35% compared with Monday; TPEG fell 4.26%; Monoethanolamine decreased by 16.67%; Diethanolamine decreased by 11.54%; Triethanolamine rose 19.23%; AEO-9 rose 12.78%.

After the falling price of ethylene oxide within the week, the economy is not as good as that of ethylene glycol, and the cogeneration unit is inclined to ethylene glycol. Due to the extremely weak demand, the downstream monomer manufacturers have released the decline in advance. As the current price has reached the floor price acceptable to the manufacturer, the decline of ethylene oxide price has not caused the follow-up decline of monomer price, and the monomer manufacturers have more stable prices. In addition, after the superposition, I heard that there were rumors in the market that ethylene oxide might continue to decline, but most market participants said that the current price of 7500 has suffered a lot of losses, and the possibility of continuing to decline is low. At present, this situation is caused by the imbalance between supply and demand, and the short-term price decline only provides a short-term solution, Blindly falling prices will not help fundamentally improve the slow recovery of demand.

Temporarily stable after falling.