Stable Cellulose Ether Prices in China Backed by Balanced Pulp Inventories and Export Support
Gabreilla Figueroa17-Sep-2025
In China, cellulose ether prices were stable during the first two weeks of September 2025. Balanced pulp inflow, stable port inventory, and slight reagent cost support counter-balanced weak construction demand and real estate pressures, while pharmaceuticals and export markets maintained steady activity.
Key Highlights
Cellulose ether prices held firm despite turbulent pulp inflows from Brazil, Uruguay, and Canada.聽
Brazil鈥檚 hardwood pulp exports to China fell *.** m/m but rose **.** y/y.
Propylene oxide prices rebounded slightly after late-August maintenance shutdowns.
Construction levels weakened as new housing starts fell **.** year-on-year.聽
Cellulose ether exports to India and Russia improved in Q* ****, while flows to Brazil and Pakistan dipped.
Steady Inputs Anchor Cellulose Ether Output
The manufacturing PMI in China has improved slightly to **.*, suggesting production rates have remained stable at cellulose ether plants. Smooth shipment flows and stable port operations further supported supply continuity, cushioning the market against upstream fluctuations and ensuring stable manufacturing momentum despite external uncertainties.
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