- Global ethylene oxide prices declined in Q2’26 as improved supply availability and weak downstream demand offset feedstock-related cost pressure.
- Feedstock conditions remained linked to ethylene movements, with oversupply and margin pressure limiting sustained price increases.
- Downstream demand was mixed, as ethylene glycol, surfactants and specialty applications provided support while polyester and construction-related demand remained cautious.
Asia
In Q2’26, ethylene Oxide prices in China declined to ~RMB 8.91/kg in April and ~RMB 8.16/kg in the next month, showing a ~8.5% decrease. The market weakened after early-quarter support from firm ethylene costs and cautious supply conditions faded. Improved production availability and lower spot purchasing from downstream buyers pressured prices. Demand from ethylene glycol, surfactants, ethanolamines and polyether polyols remained uneven, with weaker polyester, construction and polyurethane-related applications limiting consumption. Lower activity in furniture, automotive and construction-linked sectors reduced purchasing interest, keeping producers from maintaining higher offers.
Europe
Ethylene Oxide prices in Germany declined to ~EUR 1.22/kg in April and ~EUR 1.11/kg in the subsequent month. European markets faced pressure from weaker chemical demand and structural oversupply in ethylene-related markets. Higher energy costs continued to support production expenses but limited downstream demand restricted price recovery. EO derivatives used in detergents, personal care, coatings and industrial formulations provided stable demand, while construction-related and industrial applications remained weaker. Availability of imported olefins and derivatives also added pressure on regional pricing.
North America
Ethylene Oxide prices in the United States declined to ~USD 1,392.65/MT in April and ~USD 1,325.20/MT in May. The market benefited from integrated ethylene production and competitive feedstock availability, but oversupply and weaker margins limited producer pricing power. Demand from ethylene glycol, ethanolamines and surfactants provided support, while cautious inventory management among downstream users reduced spot activity. Slower industrial demand and excess ethylene availability prevented stronger price recovery despite the region’s cost advantage.
Analyst Insight
According to Procurement Resource, ethylene oxide prices are expected to remain influenced by ethylene market conditions, operating rates and derivative demand, with weak downstream growth limiting significant upward movement.