① Raw Materials: East China ethylene oxide prices reached 9,700 yuan/ton; domestic ethylene prices rose to 8,775 yuan/ton.
② Demand: The market followed rigid demand with sporadic orders; downstream sectors adopted a cautious wait-and-see approach.
Table 1: Domestic Polycarboxylate Superplasticizer (PCE) Monomer Price Summary (Unit: Yuan/ton)
| Region | Specification | 2026/10/13 | 2026/10/14 | Change | % Change |
|---|---|---|---|---|---|
| East China | EPEG | 10,000–10,300 | 10,000–10,200 | 0 / -100 | 0% / -0.97% |
| HPEG | 10,100–10,400 | 10,100–10,300 | 0 / -100 | 0% / -0.96% | |
| TPEG | 10,100–10,400 | 10,100–10,300 | 0 / -100 | 0% / -0.96% | |
| South China | EPEG | 10,200–10,400 | 10,200–10,300 | 0 / -100 | 0% / -0.96% |
| HPEG | 10,300–10,500 | 10,300–10,400 | 0 / -100 | 0% / -0.95% | |
| TPEG | 10,300–10,500 | 10,300–10,400 | 0 / -100 | 0% / -0.95% | |
| Northeast China | HPEG | 9,800–10,200 | 9,800–10,200 | 0 / 0 | 0% / 0% |
| EPEG | 9,800–10,200 | 9,800–10,200 | 0 / 0 | 0% / 0% | |
| TPEG | 9,900–10,300 | 9,900–10,300 | 0 / 0 | 0% / 0% | |
| Data Source: Chempricehub |
Today, domestic PCE monomer prices remained stable but showed signs of softening. The raw material ethylene oxide (EO) market exhibited relatively balanced supply and demand, with prices maintaining firm trends. Regional ethylene supply pressure was not significant, and the willingness to sell at lower prices improved slightly. Derivative products and traders showed moderate buying interest, keeping today's prices stable. The fundamental outlook for the EO market remained acceptable. However, high-price sales in the monomer market were lackluster, leading to narrow-margin discounts. Trading activity within the market was primarily driven by sporadic orders, while downstream procurement remained cautious. In summary, the prevailing price for EPEG in the key East China market is expected to be between 10,000 and 10,200 yuan/ton on the next business day.
Today, the capacity utilization rate for the domestic PCE monomer industry stood at 28.44%, representing a period-over-period decline. The gross profit margin for PCE monomer HPEG was -200 yuan/ton.
On the next business day, domestic PCE monomer prices are likely to remain stable with minor adjustments. Key raw material ethylene oxide is expected to maintain stability for now. Steady shipments are observed in the East China market, with manageable spot supply pressure. Downstream industries' own weak demand has led to consumption of raw materials based on rigid needs. Transactions at lower ethylene prices have increased, but producers show little willingness to continue offering discounts, suggesting prices may maintain their steady trend. Cost-side support appears to be near the bottom. Monomer holders are selling with narrow-margin discounts amid poor trading sentiment. Downstream procurement enthusiasm remains low, with many adopting a wait-and-see attitude and negotiating deals on a case-by-case basis. In conclusion, the prevailing price for EPEG in the key East China market is projected to range between 10,000 and 10,200 yuan/ton.
① Ethylene Oxide (Raw Material): EO prices are expected to remain firm at high levels. On the supply side, rebounding monoethylene glycol (MEG) prices have shifted co-production units toward MEG manufacturing, causing tight supply in certain regions. There has been no significant increase in overall market availability. On the demand side, major downstream industries are consuming contract volumes based on rigid demand under cost contracts, and market sentiment remains cautious. Regarding costs, domestic ethylene prices have stabilized, but trading atmosphere is average, and external procurement demand struggles to provide a boost. Overall, both supply and cost sides offer some support for EO, keeping prices firm at high levels. Continued attention should be paid to upstream and downstream developments.
Table 2: Domestic PCE Monomer Data Overview (Unit: 10,000 tons)
| Indicator | Release Time | Previous Value | Expected Trend |
|---|---|---|---|
| Sellable Inventory Rate | Thursday 17:00 PM | 27.68% | ↗ |
| Weekly Output | Thursday 17:00 PM | 3.19 | ↘ |
| Capacity Utilization Rate | Thursday 17:00 PM | 28.44% | ↘ |
| Data Source: Chempricehub Notes: 1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates minor fluctuation, highlighting data dimensions with changes within 0–3%. |
Comments
0