SunSirs: This Week, Plasticizer DOP Fluctuated and Fell

https://www.chemnet.com   Jun 17,2024 SunSirs

This week, the price of plasticizer DOP fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of June 14th, the price of plasticizer DOP was 10,250 RMB/ton, a fluctuation decrease of 1.44% compared to the DOP price of 10,400 RMB/ton on June 7th. The market for plasticizer raw material PA had declined, the price of 2-EH had fluctuated and fallen, the cost of plasticizers had decreased, plasticizer DOP enterprises were operating steadily, and the supply of plasticizer DOP was sufficient.

The price of raw material 2-EH fluctuated and fell this week

According to the Commodity Market Analysis System of SunSirs, as of June 14th, the quotation for 2-EH was 10,040 RMB/ton, a volatile decrease of 1.18% compared to the quotation for 2-EH on June 7th, which was 10,160 RMB/ton. This week, the price of 2-EH had fluctuated and fallen, and downstream factories were facing difficulties in sales. Enterprises had average enthusiasm for raw material procurement. Shandong's large factories had average shipments, while the price of 2-EH had declined narrowly, with downstream purchases mainly focused on small orders. 2-EH manufacturers had poor shipments, and downstream customers had a strong demand for purchases, weakening the support for the rise of 2-EH.

Market outlook

SunSirs’ plasticizer product data analysts believe that the price of raw material 2-EH had fluctuated and fallen this week, and the cost of plasticizer DOP had decreased; Downstream manufacturers are expected to rise, while demand for plasticizers is expected to rebound. In the future, the price of 2-EH will fluctuate and fall, the price of PA will fall, the cost of raw materials will decrease, downstream demand is expected to rebound, and the price of plasticizer DOP will fluctuate to stabilize.

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