Daily Report: Polyester Polyol Market Remains Unchanged

On April 13, the polyester polyol market remained relatively unchanged. The reference price for AA/BG was 145,000 to 154,000 yuan/ton, the reference price for AA/EG was around 135,000 to 139,000 yuan/ton, and the reference price for AA/BG/EG was 137,000 to 142,000 yuan/ton, remaining stable compared to the previous working day. The market price of the raw material adipic acid was also stable. The overall sentiment was mainly one of observation, with little fluctuation in the market. Negotiations were market-driven, and deals were made on a case-by-case basis. The market price of ethylene glycol started high but ended low. The geopolitical situation was volatile, and industry players were mostly adopting a wait-and-see attitude, with ethylene glycol futures also starting high and ending low.

Future outlook: The supply and demand situation is expected to change little, with continued pressure on the cost side. Market transactions will follow the trend, and order releases will remain slow. It is expected that the polyester polyol market will remain stable in the short term. Pay attention to the trend of raw materials and the actual demand.