The demand for downstream products of ethylene oxide remained stable, and recently, ethylene oxide had been operating steadily. However, as profits expand towards negative values, there was an expectation of a decrease in the operating rate of ethylene oxide, and the downward space gradually narrowed. It is expected that the price of ethylene oxide will remain weak and stable in the short term.

The price of raw material ethylene had begun to show a weak market consolidation, and the cost of ethylene oxide was averagely supported. As of December 22nd, the estimated CFR China price for ethylene in the port was around850-870 US dollars per ton.