Hamburg, (Germany): The modest recovery seen in European Ethylene Oxide markets proved short-lived as prices reversed direction amid tepid fundamentals during the fourth week of May xxxx. Manufacturers of Ethylene Oxide have faced the challenges of heating competition in response to declining demand versus the high production costs across the regional market. On a positive note, the supply of Ethylene Oxide has been enough to meet the downstream demand. Participants are currently deliberating whether recent declines will stimulate sales during a month shortened by holidays.
According to ChemAnalyst database, prices of Ethylene Oxide have demonstrated a decrement of USD xx/MT in the German market. Unsupportive supply-demand dynamics were blamed for the current price trend, with accumulating stock levels putting pressure on sellers. However, the overall production cost of Ethylene Oxide has been strong as raw material Ethylene prices have increased in the given timeframe. But currently,...
