First, the price trend
According to statistics from business clubs, the average price of ethylene oxide was 10,604.55 yuan/ton (including tax), which was flat.
Second, market analysis
| Gamma Polyglutamic Acid |
Product: The current domestic mainstream quoted price of ethylene oxide market is located at 10500-10700 yuan/ton. The Jilin Zhongxin Group ethylene oxide unit was shut down from March 20th to April 10th, and the market remained tight.
Industrial chain: At present, the raw material ethylene support is still acceptable. The main pressure of ethylene oxide comes from the ethylene glycol market. Sinopec and private enterprises still have the intention to maintain the policy of limited production and price protection, and the demand for ethylene oxide needs to be further followed up. At the same time, under the premise of higher ethylene oxide inventory, the possibility of market decline is not ruled out, then the downstream will continue to take goods to pull the low cost, and in late April the price may rebound again.
Third, the market outlook forecast
Chen Lin, analyst of Ethylene Oxide, Chemicals Branch of Business Club, believes that at present, the ethylene oxide price stagnation is running smoothly.
| http://www.sulfamic-acid.com |