Daily Review: Polyester Polyol Market Runs Stably
On January 28th, the polyester polyol market remained stable. AA/BG was priced at approximately 10200~11100 RMB/ton, AA/EG at approximately 9000~9400 RMB/ton, and AA/BG/EG at 9400-9900 RMB/ton, with slight fluctuations compared to the previous working day. The price of raw material adipic acid increased. Today, factory settlements gradually landed, and holders' quotations rose accordingly. Downstream demand remained mainly for urgent needs. Ethylene glycol market prices remained firm, and the market had already digested some negative expectations in advance, so the ethylene glycol market price trend was firm.
Market Forecast: Downstream entry is still mainly driven by rigid demand. Raw material markets are showing mixed trends, with cost logic not yet impacting this market. It is expected that the polyester polyol market will see little change in the near term. Specific attention should be paid to raw material trends and actual demand follow-up.
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