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News

PRICE UP UP UP!!!! C12-14 RMB 18,000/TON; C18-16:RMB 14,000/TON

Ethylene oxide: Last week, the price of ethylene oxide was raised in the region. On the cost side, the overall center of gravity of ethylene remained stable during the week; on the supply side, the Wuhan Petrochemical and Far East United Petrochemical units were shut down for maintenance, and the Huajin unit was restarted, and the regional supply was tight; on the demand side, the main downstream factories were still enthusiastic about production.


Palm oil: After the National Day holiday, the palm oil market heated up and the price fluctuated upward. This round of palm oil price increase is mainly due to the increase in Malaysian palm oil futures prices, good supply and demand prospects, export growth, and increased spot prices. At the same time, domestic palm oil inventories continue to remain low.


Fatty alcohols: Driven by rising raw material prices, the market price of fatty alcohols continues to rise. After the holiday, the market digested the increase in raw material prices, and the main fatty alcohol factories entered the maintenance stage, the supply was tightened, and the fatty alcohol manufacturers raised their quotations. Downstream rigid demand entered the market, the market's low-priced supply decreased, and the price center of gravity continued to move upward.