SunSirs: The 2-EH Market in Shandong Region Stabilized on September 14th

https://www.chemnet.com   Sep 18,2024 SunSirs

Price trend

On September 13th, the commodity price index of propylene and 2-EH was 98.00 points, a decrease of 0.55 points from the previous day, a decrease of 50.79% from the highest point of the cycle at 199.16 points (2020-04-13), and an increase of 106.40% from the lowest point of 47.48 points on August 8th, 2021. (Note: The period refers to January 1, 2012 to present).

According to the commodity analysis system of SunSirs, the average market price of 2-EH in Shandong on September 14th was 7,933.33 RMB/ton, which was temporarily stable compared to the previous trading day.

Analysis review

The upstream propylene market was consolidating, and the cost support of 2-EH still existed. The downstream plasticizer market was stabilizing, and the downstream purchasing enthusiasm was average. The upward support for 2-EH still existed, and the downward pressure had weakened.

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