I. Key Focus Areas
Nov 5: The outlook for US-Iran relations remains uncertain, with the possibility of renewed conflict persisting. This has heightened supply risks and driven up international crude oil prices. NYMEX WTI December futures rose by USD 2.40/bbl to USD 90.52/bbl, a week-on-week increase of +2.72%. ICE Brent January futures rose by USD 3.67/bbl to USD 98.29/bbl, a week-on-week increase of +3.88%. China INE Crude Oil Futures (Contract 2612) fell by CNY 37.8 to CNY 638.4/bbl during the day session, but rebounded by CNY 1.40 to CNY 639.8/bbl in the night session.
Nov 5: In the key East China market, Ethylene Oxide (EO) prices held steady at CNY 9,700/tonne, unchanged from the previous period.
II. Price Summary
Table 1: Domestic Polycarboxylate Superplasticizer (PCE) Monomer Prices (Unit: CNY/tonne)
| Product | Market | Specification | Nov 04, 2026 | Nov 05, 2026 | Change Value | Change % | Unit |
|---|---|---|---|---|---|---|---|
| PCE Monomer | East China | EPEG | 10,400-10,600 | 10,400-10,600 | 0 / 0 | 0% / 0% | CNY/t |
| PCE Monomer | East China | HPEG | 10,500-10,700 | 10,500-10,700 | 0 / 0 | 0% / 0% | CNY/t |
| PCE Monomer | East China | TPEG | 10,500-10,700 | 10,500-10,700 | 0 / 0 | 0% / 0% | CNY/t |
| PCE Monomer | South China | EPEG | 10,400-10,700 | 10,400-10,700 | 0 / 0 | 0% / 0% | CNY/t |
| PCE Monomer | South China | HPEG | 10,500-10,800 | 10,500-10,800 | 0 / 0 | 0% / 0% | CNY/t |
| PCE Monomer | South China | TPEG | 10,500-10,800 | 10,500-10,800 | 0 / 0 | 0% / 0% | CNY/t |
| PCE Monomer | Northeast China | HPEG | 10,150-10,350 | 10,150-10,350 | 0 / 0 | 0% / 0% | CNY/t |
| PCE Monomer | Northeast China | EPEG | 10,150-10,350 | 10,150-10,350 | 0 / 0 | 0% / 0% | CNY/t |
| PCE Monomer | Northeast China | TPEG | 10,250-10,450 | 10,250-10,450 | 0 / 0 | 0% / 0% | CNY/t |
Data Source: Chempricehub Information
III. Market Outlook
Today, domestic polycarboxylate superplasticizer monomer prices are expected to remain stable. The primary raw material, ethylene oxide, is likely to maintain steady pricing. Facilities that underwent prior maintenance have not yet resumed operations, while some units are experiencing short-term shutdowns or reduced load operations, keeping market supply relatively tight. Downstream industries are consuming materials steadily. However, broad declines in domestic ethylene derivatives have weakened market sentiment, reducing producers' willingness to raise prices further, although cost-side support persists. Inventory pressure on monomer producers is low, leading to strong price-holding intentions. Conversely, downstream end-users face poor profitability, adopting a cautious approach focused on replenishing stocks only when prices dip. Actual transaction volumes are limited to rigid demand, with negotiations conducted on a case-by-case basis. Overall, the price of EPEG in the key East China market is projected to range between CNY 10,400–10,600/tonne today.
IV. Data Calendar
| Indicator | Release Date | Previous Period Data | Current Trend Forecast |
|---|---|---|---|
| Sellable Inventory Rate | Thursday 17:00 PM | -26.48% | ↗ |
| Weekly Output | Thursday 17:00 PM | 32,100 tonnes | ↘ |
| Capacity Utilization Rate | Thursday 17:00 PM | 28.78% | ↘ |
Data Source: Chempricehub Information
Notes:
Comments
0