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Morning Market Outlook for Polycarboxylate Superplasticizer Monomers (September 16, 2026)

Published on 2026-09-16

I. Key Focus Points

  1. 9/15: Saudi crude oil supply risks intensified, and the US-Iran standoff continued, driving international crude oil prices higher. The NYMEX WTI October futures contract rose by $4.44/bbl to $105.83/bbl, a week-on-week increase of +4.38%. The ICE Brent November futures contract rose by $3.07/bbl to $108.75/bbl, a week-on-week increase of +2.90%. The Shanghai INE November 2026 crude oil futures contract rose by CNY 59.7 to CNY 836.2/bbl, while the night session rose by CNY 23.8 to CNY 860/bbl.
  2. 9/15: In the key East China market, ethylene oxide was priced at CNY 9,200/tonne, remaining flat compared to the previous period.

II. Price Table

Table 1: Summary of Domestic Polycarboxylate Superplasticizer Monomer Prices (Unit: CNY/tonne)

Product Market Specification 2026-09-14 2026-09-15 Change % Change Unit
Polycarboxylate superplasticizer monomer East China EPEG 11,000–11,200 11,200–11,400 200 / 200 1.82% / 1.79% CNY/t
Polycarboxylate superplasticizer monomer East China HPEG 11,100–11,300 11,300–11,500 200 / 200 1.8% / 1.77% CNY/t
Polycarboxylate superplasticizer monomer East China TPEG 11,100–11,300 11,300–11,500 200 / 200 1.8% / 1.77% CNY/t
Polycarboxylate superplasticizer monomer South China EPEG 11,100–11,300 11,300–11,500 200 / 200 1.8% / 1.77% CNY/t
Polycarboxylate superplasticizer monomer South China HPEG 11,200–11,400 11,400–11,600 200 / 200 1.79% / 1.75% CNY/t
Polycarboxylate superplasticizer monomer South China TPEG 11,200–11,400 11,400–11,600 200 / 200 1.79% / 1.75% CNY/t
Polycarboxylate superplasticizer monomer Northeast China HPEG 11,000–11,200 11,300–11,500 300 / 300 2.73% / 2.68% CNY/t
Polycarboxylate superplasticizer monomer Northeast China EPEG 11,000–11,200 11,300–11,500 300 / 300 2.73% / 2.68% CNY/t
Polycarboxylate superplasticizer monomer Northeast China TPEG 11,100–11,300 11,400–11,600 300 / 300 2.7% / 2.65% CNY/t

Data Source: Chempricehub Information

III. Market Outlook

Today, domestic polycarboxylate superplasticizer monomers are expected to trade firm. The primary raw material, ethylene oxide, is likely to remain at high levels, while ethylene glycol prices may continue their upward trend. Spot liquidity for ethylene oxide remains tight. Downstream industries are primarily purchasing based on rigid demand. Trading volume in the ethylene market has declined, and producers lack sufficient momentum for further price hikes; therefore, prices are expected to remain stable with support from cost-side factors. Tight supply conditions for monomers provide strong support for market prices. Downstream procurement is concentrated on essential needs, with cautious sentiment leading to transactions negotiated on a case-by-case basis. In summary, the EPEG price in the key East China market is projected to range between CNY 11,300 and 11,500 per tonne today.

IV. Data Calendar

Indicator Release Date Previous Period Expected Trend This Period
Sellable Inventory Rate Thursday 17:00 PM -30.09%
Weekly Output Thursday 17:00 PM 27,000 tonnes
Capacity Utilization Rate Thursday 17:00 PM 24.21%

Data Source: Chempricehub Information
Notes:
1. ↓↑ indicates significant volatility, highlighting data dimensions where changes exceed 3%.
2. ↗↘ indicates narrow-range fluctuations, highlighting data dimensions where changes are within 0–3%.

Comments

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  • Daniel Foster 2026-09-16 20:05
    Rising crude oil supply risks are boosting feedstock costs, pushing PCE monomer prices up despite flat ethylene oxide. With tight supply and rigid downstream demand from construction, margins may face pressure if cost in..
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