SunSirs: The Demand Recovery in Gold September Was Slow, and the Price of 2-EH First Rose and Then Fell in September

https://www.chemnet.com   Sep 30,2024 SunSirs

The price of 2-EH first rose and then fell in September       

According to the Commodity Market Analysis System of SunSirs, as of September 27th, the price of 2-EH was 8,416.67 RMB/ton, a decrease of 4.36% from the price of 8,800 RMB/ton on September 23rd; Compared to the price of 7,983.33 RMB/ton on September 1st, the price of 2-EH increased by 5.43%. The peak season of Golden September was approaching, and the demand for 2-EH was recovering. In addition, the pre holiday stocking of 2-EH has led to a fluctuating rise in its price; But the recovery of demand for golden September was limited, and the price of 2-EH first rose and then fell.

Downstream plasticizer DOP prices rose in a "W" pattern

According to the Commodity Market Analysis System of SunSirs, as of September 29th, the price of plasticizer DOP was 8,851.25 RMB/ton, which fluctuated and fell by 1.26% compared to the DOP price of 8,963.75 RMB/ton on September 23rd; Compared to the DOP price of 8,463.75 RMB/ton on September 9th, it has increased by 4.58%; Compared to the DOP price of 8,726.25 RMB/ton on September 1st, the DOP price fluctuated and rose by 1.43%. In September, the DOP price first rose and then fell, with a "W" - shaped oscillating rise in DOP prices. The expected increase in operating rate of downstream plasticizer enterprises has led to an increase in demand for 2-EH for plasticizers; In addition, due to stocking up before the National Day holiday, the price of plasticizer DOP fluctuated and rose, but the purity of golden September was insufficient, and the recovery of plasticizer production was not enough. The demand for 2-EH was limited, and the price of 2-EH first rose and then fell.

Market outlook

According to the 2-EH products data analyst of SunSirs, the market for 2-EH rose first and then fell in September. In terms of supply, the production of 2-EH manufacturers slowly increased in September, and the supply of 2-EH was relatively sufficient; In terms of demand, the increase in production of plasticizer enterprises was limited, and the demand for 2-EH was increasing slowly. The supply and demand growth was slow, and it is expected that the price of 2-EH will consolidate strongly in the future market.

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