SunSirs: During the Off-season, Equipment Experienced Short Shutdowns, and the Price of 2-EH First Rose and Then Fell in November

https://www.chemnet.com   Nov 28,2024 SunSirs

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

According to the Commodity Market Analysis System of SunSirs, as of November 27th, the price of 2-EH was 9,300 RMB/ton, a fluctuating decrease of 4.78% compared to the price of 9,766.67 RMB/ton on November 14th; Compared to November 1st, the price of 2-EH at 9,033.33 RMB/ton first increased and then decreased, with a rise of 2.95%. In mid November, the equipment of 2-EH enterprises experienced a short shutdown, resulting in a decrease in 2-EH supply and a fluctuating rise in 2-EH prices. During the off-season of the market, the demand support for 2-EH was insufficient, and the supply of 2-EH was weakened. The demand was average, and the price of 2-EH first rose and then fell .

Supply of 2-EH reduced in mid November

In mid November, the production of 2-EH enterprises was suspended, and the supply of 2-EH decreased. With the recovery of Lihuayi Enterprise's 2-EH equipment and sufficient supply in the 2-EH market, the support for the rise of 2-EH has weakened, and the price of 2-EH first rose and then fell.

Downstream plasticizer DOP prices first rose and then fell in November

According to the Commodity Market Analysis System of SunSirs, as of November 27th, the DOP price was 9,176.25 RMB/ton, a fluctuating decrease of 3.93% compared to the DOP price of 9,551.25 RMB/ton on November 14th; Compared to November 1st, the DOP price of 9,101.25 RMB/ton first rose and then fell, with an increase of 0.82%. The price of 2-EH first rose and then fell, the cost of plasticizers increased, the demand for plasticizer DOP was cold, and the price of plasticizer DOP first rose and then fell. In the off-season of the market, downstream plasticizer companies had stable operating rates, and the demand for 2-EH for plasticizers was cold. The demand support for 2-EH has weakened.

Market outlook

The2-EH product data analyst of SunSirs believes that in November, the equipment of 2-EH enterprises stopped short, the supply of 2-EH decreased, and the upward pressure of 2-EH increased; During the off-season of the market, downstream plasticizer manufacturers have temporarily stabilized their production, while demand for 2-EH is sluggish. In the future, the supply of 2-EH has recovered, demand is cold, and the price of 2-EH is weakly consolidating.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.

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