During the week, monomer prices fell slightly, ethylene oxide and its upstream ethylene basically hit the bottom, and EO currently has a loss of around 770 yuan, so there is no room for decline. The supplier is still in the market, but the demand transaction follow-up continues to be weak, and the goods holders are mainly active in shipping. Affected by extreme high temperature weather and the shortage of downstream funds, the demand side is still weak, the contradiction between supply and demand in the market still exists, the monomer inventory is under pressure, and most downstream deliveries are cautious.

Forecast: short term market supply and demand may still be weak.