Newsletter summary
The price of ethylene oxide has risen by 9% this year.Pennbattleiiispinningreel.38%, the prices of downstream products have fallen slightly, the downward transmission of costs is not smooth, and the short-term market is expected to fluctuate to maintain stability.
Text of news flash
[in May 2024, the price of ethylene oxide rose steadily, and the average market price rose 9.38% over the beginning of the year.] in May 2024, the price of ethylene oxide showed a smooth upward trend in the steady operation of the market. According to the data provided, as of May 10, the average market price of ethylene oxide in China had reached 7000 yuan / ton, an increase of 9.38 percent compared with the average market price of 6400 yuan / ton at the beginning of the year. However, although the price of ethylene oxide shows an upward trend, the downstream product market is not so optimistic. At present, the cost in the industrial chain is transmitted downwards.PennbattleiiispinningreelThere is a certain hindrance. Although the price of ethylene in the upstream is stable at a high level, the prices of some downstream products have fallen slightly. On the other hand, the price of polycarboxylic acid superplasticizer monomer, the main downstream product, remains basically stable, which makes the market demand of ethylene oxide face some support. Looking to the future, the ethylene oxide market is expected to continue to show a strong trend under the cost boost. However, with the resumption of production of the equipment overhauled in the previous period, the pressure on the supply side is expected to increase. In addition, the price transmission performance of downstream products is poor, and the ethylene oxide market will be dominated by shocks to maintain stability in the short term. The above analysis is based on the data, which provides investors with a reference for the latest trends and future trends of ethylene oxide market. Investors can make market analysis and investment decisions based on this information in order to realize the steady appreciation of assets.