1. October 12: Houthi rebels continued attacks on Saudi Arabia, with Middle Eastern geopolitical instability elevating supply risks and driving up international crude oil prices. NYMEX WTI crude oil futures (November contract) closed at $93.74/bbl, up $1.89/bbl (+2.06% period-over-period). ICE Brent crude oil futures (December contract) closed at $106.65/bbl, up $1.93/bbl (+1.84% period-over-period). China INE crude oil futures (December 2026 contract) fell by 8.9 to 709.5 CNY/bbl during the day session, but rose by 24.7 to 734.2 CNY/bbl in the night session.
2. October 12: In the key East China market, ethylene oxide (EO) prices remained flat period-over-period at 9,700 CNY/ton.
Table 1: Domestic Polycarboxylate Superplasticizer (PCE) Monomer Prices (Unit: CNY/ton)
| Product | Market | Specification | Oct 10, 2026 | Oct 12, 2026 | Change Value | Change % | Unit |
|---|---|---|---|---|---|---|---|
| PCE Monomer | East China | EPEG | 10,100-10,600 | 10,000-10,300 | -100 / -300 | -0.99% / -2.83% | CNY/ton |
| PCE Monomer | East China | HPEG | 10,200-10,700 | 10,100-10,400 | -100 / -300 | -0.98% / -2.80% | CNY/ton |
| PCE Monomer | East China | TPEG | 10,200-10,700 | 10,100-10,400 | -100 / -300 | -0.98% / -2.80% | CNY/ton |
| PCE Monomer | South China | EPEG | 10,300-10,500 | 10,200-10,400 | -100 / -100 | -0.97% / -0.95% | CNY/ton |
| PCE Monomer | South China | HPEG | 10,400-10,600 | 10,300-10,500 | -100 / -100 | -0.96% / -0.94% | CNY/ton |
| PCE Monomer | South China | TPEG | 10,400-10,600 | 10,300-10,500 | -100 / -100 | -0.96% / -0.94% | CNY/ton |
| PCE Monomer | Northeast China | HPEG | 10,000-10,200 | 9,800-10,200 | -200 / 0 | -2.00% / 0.00% | CNY/ton |
| PCE Monomer | Northeast China | EPEG | 10,000-10,200 | 9,800-10,200 | -200 / 0 | -2.00% / 0.00% | CNY/ton |
| PCE Monomer | Northeast China | TPEG | 10,100-10,300 | 9,900-10,300 | -200 / 0 | -1.98% / 0.00% | CNY/ton |
Data Source: Chempricehub Information
Today, domestic PCE monomer prices are expected to trend slightly weaker. The primary raw material, ethylene oxide (EO), is likely to remain stable as market participants wait for clearer signals. The EO market continues to rely on rigid demand transactions. Downstream industries are experiencing slight cost pressure. Yesterday, lower negotiated prices appeared for ethylene in the East China market, suggesting a high probability of weak performance in the short term; consequently, cost-side support remains limited. Monomer holders are largely willing to offer discounts to clear inventory, while downstream procurement sentiment remains cautious, with buyers mostly purchasing on an as-needed basis and negotiating prices based on order volume. In summary, the price of EPEG in the key East China market is projected to range between 9,950 and 10,250 CNY/ton today.
| Indicator | Release Date | Previous Data | Current Trend Forecast |
|---|---|---|---|
| Sellable Inventory Rate | Thursday 5:00 PM | -27.68% | ↗ |
| Weekly Production Volume | Thursday 5:00 PM | 31,900 tons | ↘ |
| Capacity Utilization Rate | Thursday 5:00 PM | 28.64% | ↘ |
Data Source: Chempricehub Information
Notes:
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