SunSirs: Cost Was Reduced, and Plasticizer DOP First Rose and Then Fell in June

https://www.chemnet.com   Jul 01,2024 SunSirs

In June, the price of plasticizer DOP first increased and then decreased

According to the Commodity Market Analysis System of SunSirs, as of June 28th, the price of plasticizer DOP was 9,875 RMB/ton, a fluctuating decrease of 2.35% compared to the DOP price of 10,112.50 RMB/ton on June 1st; Compared to the DOP price of 10,400 RMB/ton on June 10th, it has decreased by 5.05%. The market for plasticizer raw material PA fluctuated and fell, while the price of 2-EH first rose and then fell. The cost of plasticizer decreased, and in June, the price of plasticizer first rose and then fell.

In June, the price of raw material 2-EH first rose and then fell

According to the Commodity Market Analysis System of SunSirs, as of June 28th, the price of 2-EH was 9,740 RMB/ton, a fluctuating decrease of 1.62% compared to the price of 2-EH on June 1st, which was 9,900 RMB/ton; Compared to June 10th, the price of 2-EH decreased by 4.13% to 10,160 RMB/ton. In June, the price of 2-EH first rose and then fell, and downstream factories faced difficulties in sales. Enterprises showed average enthusiasm for raw material procurement. Shandong's large factories had average shipments, while the price of 2-EH had fluctuated and declined. Downstream purchases were mainly small orders. 2-EH manufacturers had poor shipments, and downstream customers had procurement mainly on demand, increasing the pressure on the decline of 2-EH.

The price of raw material PA fluctuated and fell in June

According to the Commodity Market Analysis System of SunSirs, the domestic market price trend of OX method PA in June fluctuated and fell. As of June 28th, the quoted price of OX method PA was 8,050 RMB/ton, a decrease of 1.68% from the price of 8,187.50 RMB/ton on June 1st. At the end of June, the domestic ex factory price for OX method PA was 7,800-8,000 RMB/ton, while the domestic ex factory price for Naphthalene based PA was 7,300-7,600 RMB/ton. The operating rate of domestic PA was around 60%, and the spot supply of PA was stable. The purchasing situation of PA manufacturers was average. At the end of June, the price of industrial naphthalene rebounded slightly, and the market for naphthalene based PA stabilized. The market for OX stabilized, and the market for OX method PA fluctuated and fell. The market for PA fluctuated and fell in June.

Market outlook

SunSirs’ plasticizer product data analysts believe that in June, the price of raw material 2-EH first fell and then rose, the price of PA fluctuated and fell, and the cost of plasticizer DOP decreased; Downstream manufacturers were operating poorly, and the demand for plasticizers is expected to be poor. The price of 2-EH first rose and then fell, while the price of PA fluctuated and fell. The cost of raw materials decreased, and coupled with poor downstream demand, the price of plasticizer DOP will fluctuate and fall in the future.

If you have any questions, please feel free to contact SunSirs with?support@SunSirs.com.

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