This week, plasticizer DOP stopped falling and rebounded
According to the Commodity Market Analysis System of SunSirs, as of June 21, the price of plasticizer DOP was 10,112.50 RMB/ton, a fluctuation decrease of 1.34% compared to the DOP price of 10,250 RMB/ton on June 14; Compared to June 19th, the price of DOP had increased by 0.12%. The market for plasticizer raw material PA had stopped falling and stabilized, while the price of 2-EH first fell and then rose. The cost of plasticizers had stabilized, and this week the price of plasticizers had rebounded.
This week, the price of raw material 2-EH stopped falling and rebounded
According to the Commodity Market Analysis System of SunSirs, as of June 21, the price of 2-EH was 9,910 RMB/ton, a fluctuating decrease of 1.29% compared to the price of 2-EH on June 14, which was 10,040 RMB/ton; The price of 2-EH had increased by 0.10% compared to 9,900 RMB/ton on June 20th. This week, the price of 2-EH stopped falling and rebounded. Downstream factories were facing difficulties in sales, and companies had average enthusiasm for raw material procurement. Shandong's large factories had average shipments, while the price of 2-EH had declined narrowly, with downstream purchases mainly focused on small orders. 2-EH manufacturers had poor shipments, and downstream customers purchased on demand, weakening the support for the rise of 2-EH.
This week, the price of raw material PA stopped falling and stabilized
According to the commodity market analysis system of SunSirs, the domestic market price trend of OX method produced PA stopped falling and stabilized this week. As of June 21, the quoted price of OX method produced PA was 8,062.50 RMB/ton, a decrease of 0.15% compared to the price of 8,075 RMB/ton on June 14; Compared to the price of 8,187.5 RMB/ton at the beginning of the month, the price had decreased by 1.53%. The domestic quotation for OX method produced PA was 7,800-8,100 RMB/ton for factory delivery, while the domestic quotation for OX method produced PA was 7,300-7,600 RMB/ton for factory delivery. The operating rate of domestic PA was around 60%, and the spot supply of PA was stable. The purchasing situation of PA manufacturers was average. This week, the price of industrial naphthalene first fell and then stabilized. The market for naphthalene based PA was weak and stable, while the market for OX was stable. The market for OX based PA had slightly declined and then stabilized. This week, the market for PA had stopped falling and stabilized.
Future analysis
SunSirs’ plasticizer product data analysts believe that this week, the price of raw material 2-EH had stopped falling and rebounded, the price of PA had stopped falling and stabilized, and the cost of plasticizer DOP had rebounded and adjusted; Downstream manufacturers expected the price would rise, and the demand for plasticizers was expected to rebound. The price of 2-EH stopped falling and rebounded, the price of PA stabilized, raw material costs had increased, downstream demand is expected to rebound, and the price of plasticizer DOP will fluctuate and rise in the future.
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