Ethylene Oxide Price Trend and Forecast

Description

The Ethylene Oxide price trend showcased mixed sentiments during the final quarter of 2022. Initially, the prices decreased as USA’s EPA identified risks from commercial sterilization facilities using Ethylene oxide, which negatively impacted the product demand and consumption levels in the downstream industries. In the mid-quarter, the trend shifted, and prices rose due to a rise in production costs amid high feedstock Ethylene demand from Polyethylene producers. In the final month of the quarter, prices again declined due to a reduction in the upstream WTI Crude oil and natural gas prices due to a decline in demand from Chinese importers amid the rise in the covid cases. At the end of Q4 2022, Ethylene Oxide prices in the USA hovered at USD 730/MT.

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