SunSirs: Cost Reduced, Plasticizer DOP Fluctuated and Fell This Week

https://www.chemnet.com   Jul 15,2024 SunSirs

This week, the price of plasticizer DOP fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of July 12th, the price of plasticizer DOP was 9,912.50 RMB/ton, which fluctuated and fell by 0.75% compared to the DOP price of 9,87.50 RMB/ton on July 5th last weekend; Compared to the price of 10,000 RMB/ton on Monday, July 8th, the price fluctuated and fell by 0.88%; Compared to the DOP price of 9,862.50 RMB/ton on July 1st, it first rose and then fell, with an increase of 0.51%. The market for PA, a raw material for plasticizers, had fluctuated and stabilized, while the price of 2-EH had fluctuated and fallen. The cost of plasticizers had also decreased, and the price of plasticizers had fluctuated and fallen this week.

This week, the price of raw material 2-EH fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of July 12th, the price of 2-EH was 9,760 RMB/ton, a fluctuating decrease of 0.91% compared to the price of 9,850 RMB/ton on July 5th last weekend; Compared to the price of 9,860 RMB/ton of 2-EH quoted on July 8th at the beginning of this week, the price had decreased by 1.01%; Compared to the price of 9,710 RMB/ton on July 1st at the beginning of the month, the price of 2-EH fluctuated and increased by 0.51%. This week, the price of 2-EH fluctuated and fell. Downstream factories purchased according to demand, and the enthusiasm of enterprises for raw material procurement temporarily stabilized. Shandong large factories sold at a discount, and the market transaction center shifted downwards. The new orders in the 2-EH market increased, and the support for the rise of 2-EH still existed.

This week, the price of raw material PA fluctuated and stabilized

According to the Commodity Market Analysis System of SunSirs, the price trend of OX method PA in the domestic PA market fluctuated and stabilized this week. As of July 12th, the price of OX method PA was 8,087.50 RMB/ton, which remained stable compared to the price of 8,087.50 RMB/ton on July 5th last weekend; Compared to July 1st, the price of PA fluctuated and rose by 0.47% to 8,050 RMB/ton. Domestic OX method PA was priced at 7,900-8,100 RMB/ton before leaving the factory, while domestic naphthalene based PA was priced at 7,450-7,600 RMB/ton before leaving the factory. The domestic production rate of PA was around 60%, and the spot supply of PA was stable. The sales situation of PA manufacturers was average. This week, the price of industrial naphthalene fluctuated and fell, and the naphthalene based PA market was consolidated. The market for OX was temporarily stable, and the market for OX method PA was stabilizing. This week, the PA market had been strongly stabilizing.

Market outlook

According to the plasticizer products data analyst of SunSirs, the price of raw material 2-EH fluctuated and fell this week, while the price of PA fluctuated and stabilized, and the cost of plasticizer DOP decreased; Downstream manufacturers had poor demand for plasticizers during the off-season. In the future, the price of 2-EH will fluctuate and fall, the price of PA will stabilize, the cost of raw materials will decrease, and downstream demand will be off-season. The price of plasticizer DOP will remain weak and consolidate in the future.

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