SunSirs: Raw Material Prices Fell, and DOP Prices Fluctuated and Fell This Week

https://www.chemnet.com   Dec 11,2024 SunSirs

This week, the price of plasticizer DOP fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of December 9th, the DOP price was 8,826.25 RMB/ton, a fluctuating decrease of 2.35% compared to the DOP price of 9,038.75 RMB/ton on December 1st. The equipment of 2-EH enterprises was operating normally, the price of 2-EH was fluctuating and falling, the cost of plasticizers was decreasing, the operating rate of plasticizer enterprises was stable, and the supply of plasticizers was sufficient. The downstream PVC off-season was approaching, and the demand for plasticizers was falling, causing the price of plasticizer DOP to fluctuate and fall.

Downstream demand declined

Downstream PVC product enterprises had low production rates, and the downstream market was traditionally off-season, resulting in a decrease in downstream PVC production. The weather in the north was gradually turning cold, and demand was weak; The downstream market was declining, and the downward pressure on plasticizers was increasing.

The cost of raw materials fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of December 9th, the price of 2-EH was 8,600 RMB/ton, a fluctuating decrease of 5.84% compared to the price of 9,133.33 RMB/ton on December 1st. In December, the equipment of 2-EH enterprises started working normally, and the supply of 2-EH was sufficient. The price of 2-EH fluctuated and fell. In the off-season of the market, there was insufficient support for demand for 2-EH, and the supply of 2-EH was sufficient, resulting in weak demand and fluctuating prices of 2-EH.

Market outlook

According to the plasticizer products data analyst of SunSirs, in terms of cost, the price of 2-EH had fluctuated and fallen, the price of PA had fluctuated and fallen, and the cost of plasticizer DOP had continued to decline; In terms of demand, the off-season was approaching, and downstream production and inventory were expected to decrease, leading to a decline in demand for plasticizers. In the future, the prices of raw materials will decline, and the cost of plasticizers will decrease; The off-season is approaching, demand is decreasing, costs are falling, and demand is weak. It is expected that the price of plasticizer DOP will fluctuate and fall in the future.

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