Hamburg (Germany): Heading into the first week of May xxxx, Ethylene Oxide prices have shown an upward trend across the European market. The recent increase in Ethylene Oxide prices can be primarily attributed to rising feedstock prices and limited inventories within the regional market. Additionally, demand from the downstream derivative industry has been moderate, prompting manufacturers to slightly raise their Ethylene Oxide prices in the region. Market players are preparing for another significant price increase in the coming weeks.
According to the latest data from ChemAnalyst, prices of Ethylene Oxide have seen a marginal increase of USD xx/MT in the German market. Strong support from feedstock Ethylene prices has contributed to the bullish market sentiments for Ethylene Oxide among manufacturers. Moreover, the recent rise in oil prices following the production cut decision by OPEC+ members has added to the market challenges regarding inflation direction and the appropriate...
