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    Home > Coatings News > Paints and Coatings Market > Sanjiang Chemical adjusted the price of ethylene oxide by 10%

    Sanjiang Chemical adjusted the price of ethylene oxide by 10%

    • Last Update: 2021-09-30
    • Source: Internet
    • Author: User
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    According to sources, due to the explosion of Yangzi Petrochemical's epoxy refining tower (including ethylene oxide\glycol linkage device) on the 21st, Sanjiang Chemical has increased the ethylene oxide by 1,000 yuan/ton to 10,000 yuan/ Tons, or 10%; It is expected that its downstream polycarboxylic acid monomer plants will follow the upward adjustment of market quotations

    .


    Industry analysts revealed that polycarboxylic acid water-reducing agent monomers are closely linked to the price of raw material ethylene oxide, and the ethylene oxide market is expected to continue to rise in the future, so its downstream polycarboxylic acid monomers still have rising momentum

    .
    According to the Great Wisdom News Agency, since the Spring Festival, the cumulative increase in ethylene oxide has reached 30%, so polycarboxylic acid monomers have increased by 18% since the Spring Festival

    .


    Currently listed companies related to ethylene oxide include Aoke, Yongan Pharmaceutical, Sanjiang Chemical, etc.
    , among which Aoke’s 200,000 tons of ethylene oxide production capacity is mainly for self-use

    .
    Listed companies related to polycarboxylic acid monomers include Aoke, Cologne, etc.
    Among them, Aoke’s polycarboxylic acid monomer market share ranks first in China, accounting for 76% of total revenue; Cologne Refined Polycarboxylate The monomer domestic market share ranks second, accounting for 59% of total revenue

    .



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