I. Key Points
On November 3: US-Iran tensions did not escalate ahead of the US midterm elections, easing supply risk concerns and causing international crude oil prices to fall. NYMEX WTI crude oil futures (December contract) closed at $96.09/bbl, down $0.37/bbl (-0.38% WoW); ICE Brent crude oil futures (January contract) closed at $103.60/bbl, down $1.17/bbl (-1.12% WoW). INE crude oil futures in China (December 2026 contract) fell by 50.3 yuan to 694.9 yuan/bbl; the night session dropped a further 16.1 yuan to 678.8 yuan/bbl.
On November 3: The price of ethylene oxide in the key East China market remained stable at 9,700 yuan/ton, unchanged from the previous period.
II. Price Table
Table 1: Summary of Domestic Polycarboxylate Superplasticizer Monomer Prices (Unit: Yuan/Ton)
| Product | Market | Specification | Nov 02, 2026 | Nov 03, 2026 | Change | % Change | Unit | Remarks |
|---|---|---|---|---|---|---|---|---|
| Polycarboxylate Superplasticizer Monomer | East China | EPEG | 10,300-10,600 | 10,400-10,600 | +100 / 0 | +0.97% / 0% | Yuan/Ton | |
| Polycarboxylate Superplasticizer Monomer | East China | HPEG | 10,400-10,700 | 10,500-10,700 | +100 / 0 | +0.96% / 0% | Yuan/Ton | |
| Polycarboxylate Superplasticizer Monomer | East China | TPEG | 10,400-10,700 | 10,500-10,700 | +100 / 0 | +0.96% / 0% | Yuan/Ton | |
| Polycarboxylate Superplasticizer Monomer | South China | EPEG | 10,400-10,600 | 10,400-10,700 | 0 / +100 | 0% / +0.94% | Yuan/Ton | |
| Polycarboxylate Superplasticizer Monomer | South China | HPEG | 10,500-10,700 | 10,500-10,800 | 0 / +100 | 0% / +0.93% | Yuan/Ton | |
| Polycarboxylate Superplasticizer Monomer | South China | TPEG | 10,500-10,700 | 10,500-10,800 | 0 / +100 | 0% / +0.93% | Yuan/Ton | |
| Polycarboxylate Superplasticizer Monomer | Northeast China | HPEG | 10,100-10,350 | 10,150-10,350 | +50 / 0 | +0.5% / 0% | Yuan/Ton | |
| Polycarboxylate Superplasticizer Monomer | Northeast China | EPEG | 10,100-10,350 | 10,150-10,350 | +50 / 0 | +0.5% / 0% | Yuan/Ton | |
| Polycarboxylate Superplasticizer Monomer | Northeast China | TPEG | 10,200-10,450 | 10,250-10,450 | +50 / 0 | +0.49% / 0% | Yuan/Ton |
Data Source: Chempricehub Information
III. Market Outlook
Today, domestic polycarboxylate superplasticizer monomer prices are expected to remain stable or trend slightly higher. The primary raw material, ethylene oxide, is likely to maintain stability. Units undergoing maintenance have not yet resumed operations, keeping short-term market supply in a state of tight balance. Downstream demand remains weak as customers steadily consume existing contract volumes. Supply shortages in the ethylene market persist, but most derivative products show limited willingness to chase higher prices, leading to generally stable-to-firm pricing supported by costs. Monomer producers are primarily focused on maintaining prices while selling inventory. Downstream buyers are mostly adopting a wait-and-see approach, with limited acceptance of high-priced goods; transactions are negotiated based on volume. In summary, the price for EPEG in the key East China market is projected to range between 10,400 and 10,600 yuan/ton today.
IV. Data Calendar
| Indicator | Release Date | Previous Value | Expected Trend |
|---|---|---|---|
| Sellable Inventory Rate | Thursday 17:00 PM | -24.86% | ↗ |
| Weekly Output | Thursday 17:00 PM | 33,800 tons | ↘ |
| Capacity Utilization Rate | Thursday 17:00 PM | 30.33% | ↘ |
Data Source: Chempricehub Information
Notes:
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