Daily Review: Polyester Polyol Market Operates Stably
On February 6th, the polyester polyol market was running steadily with light trading. AA/BG was priced at approximately 10400~11300 RMB/ton, AA/EG at approximately 9200~9600 RMB/ton, and AA/BG/EG at 9600-10100 RMB/ton, with slight fluctuations compared to the previous working day. The price of raw material adipic acid remained stable. Overall liquidity weakened, and market volatility is not expected to be strong before the holiday. The market is expected to consolidate sideways in the near term. Ethylene glycol prices declined, with market sentiment suppressed by expectations of increasing ethylene glycol supply and demand inventory. Currently, the market lacks new positive catalysts.
Market Forecast: With no further market direction, downstream rigid demand remains at a low level, and the trading atmosphere is quiet. The polyester polyol market is expected to remain stable in the near term. Specific attention should be paid to raw material trends and actual demand follow-up.
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