SunSirs: The 2-EH Market in Shandong Province Fell on September 4th

https://www.chemnet.com   Sep 05,2024 SunSirs

Price trend

On September 3rd, the commodity price index of propylene and 2-EH was 100.15 points, an increase of 0.43 points from the previous day, a decrease of 49.71% from the highest point of the cycle at 199.16 points (2020-04-13), and an increase of 110.93% from the lowest point of 47.48 points on August 8th, 2021. (Note: The period refers to January 1, 2012 to present).

Analysis review

According to the Commodity Analysis System of SunSirs, the average market price of 2-EH in Shandong on September 4th was 7,866.67 RMB/ton, a decrease of 1.05% from the previous trading day. The upstream propylene market was consolidating, and the cost support of 2-EH still existed. The downstream plasticizer market was declining, and the downstream purchasing enthusiasm was average. The upward support for 2-EH had weakened, but downward pressure still existed.

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