Chang Yuzhi, a research fellow in the chemical industry of China Investment Advisors, pointed out that the recent rise in domestic ethylene oxide prices was mainly affected by supply. At present, the development of the textile industry is not optimistic due to uncertain economic trends, tight funding for small and medium-sized enterprises, and increased pressure to appreciate ***. Nowadays, related companies in the textile industry are basically purchasing on demand, and the demand for ethylene oxide is limited. Therefore, it is difficult for the demand side to form a support for the price of ethylene oxide.
On the supply side, due to maintenance and faults, many ethylene oxide plants have been shut down recently, and domestic ethylene oxide production has decreased. This has reduced the market supply of ethylene oxide to some extent. The ethylene oxide market has shown a tight supply situation, which has led to an increase in the price of ethylene oxide. According to relevant data, from the end of September to the beginning of October, the ethylene oxide devices of Yanshan Petrochemical, Shanghai Petrochemical and other enterprises all stopped.
Chang Yongzhi believes that although ethylene oxide production enterprises that had previously stopped are gradually returning to normal, there have been recent shutdowns of some companies' ethylene oxide plants, which will support the rise in ethylene oxide prices. However, due to the sluggish demand for ethylene oxide, it is unlikely that the domestic price of ethylene oxide will rise significantly in the later period. According to relevant data, Liaoyang Petrochemical began to perform a one-month overhaul of the ethylene oxide plant on October 12. Maoming Petrochemical also plans to stop and overhaul it at the end of this month.
The "2011-2015 China Fine Chemical Industry Investment Analysis and Forecast Report" released by the China Investment Advisor shows that ethylene oxide is an organic compound and is mainly used to produce non-ionic surfactants and polyether polyols. , Ethanolamines, choline chloride, pharmaceutical intermediates and other products are now widely used in daily chemical, petrochemical, pharmaceutical, pesticide, textile, printing and dyeing, rubber, papermaking and other fields.
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