1.Due to the decline in US crude oil and gasoline inventories, as well as the Iran nuclear negotiations and the late opening rate crisis, international oil prices have reached a new high of $94.44 per barrel.
2. Asian ethylene continued to rise, reaching $1200 per ton. As the production cost of EO increases, there is also a possibility of further price adjustments for polyethylene glycol.
3. The domestic epoxy propane market continued to rise last week, with downstream demand for replenishing positions, and the short-term rise in the propylene glycol market slowed down in the later period.
Under global inflationary pressure, commodity prices can fluctuate greatly. Please guard against the risk of fluctuations.