According to the monitoring data of business news agency, the external price of ethylene has been on the rise in recent years. On July 14, the price was US $1037.00/ton, and on July 16, the average price of ethylene was US $1048.75/ton, up 1.13%. The current price is down 1.89% month on month, and the current price is up 41.39% year on year.

In the near future, the overall external ethylene market is on the rise. The price of ethylene in Asia rose. As of the 23rd, CFR closed at US $995-1005 / T in Northeast Asia and US $960-970 / T in Southeast Asia. The price of ethylene market in Europe fluctuated and consolidated. As of the 23rd, FD in northwest Europe closed at US $1159-1169 / T, CIF in northwest Europe closed at US $1062-1072 / T. The price of ethylene in the U.S. fell. As of the 23rd, the price was $1152-1169 / ton. The recent external market of ethylene has been mixed. The price of ethylene in the U.S. has increased a lot in the early stage, but has dropped in the near future. On the whole, the external market demand of ethylene is good in the near future, the buying atmosphere is active, the transaction is good, and the ethylene market rises slightly.

International: on July 15, international oil prices continued the trend of the previous trading day and continued to fall. The settlement price of the main contract in the U.S. WTI crude oil futures market was 71.65 US dollars / barrel, down 1.48 US dollars or 2.2%, while the settlement price of the main contract in Brent crude oil futures market was 73.47 US dollars / barrel, down 1.29 US dollars or 1.7%. US oil reached its lowest closing price in nearly a month after OPEC + and OPEC + reached an agreement on increasing production. The bad news caused by the effect of increasing production is still fermenting, and the worry caused by the virus mutation of the epidemic has deepened the decline of oil prices.

The atmosphere of Asian styrene US dollar market is light. There are few offers within the day. Only a few paper goods have been heard and there is no actual negotiation. CFR China closed at 1230-1240, with an average price down 15%; FOB Korea closed at 1210-1220, with an average price down 15%. Unit: USD / T

Ethylene analysts of business society chemical branch think: at present, in terms of crude oil: inventory growth, the market is not optimistic about the crude oil market, so the data analysts of business society expect that the external price of ethylene will mainly fall next.