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SunSirs: After Ups and Downs, 2-EH Fell 3.95% in 2022-Ⅰ
January 05 2023 13:28:26SunSirs(John)

Price trend of 2-EH in 2022

According to the news from SunSirs on January 4, the market situation of Shandong 2-EH in 2022 fluctuated and fell. The average price of 2-EH mainstream market in Shandong at the beginning of the year was 10,133.33 RMB/ton, and the average price of 2-EH mainstream at the end of the year was 9,733.33 RMB/ton, a decrease of 3.95% in the year. The lowest price of the whole year was 8,066.67 RMB/ton in the middle of July, and the highest price was 14,533.33 RMB/ton in the early of February, with a maximum drop of 44.50% in the year.

From the monthly K column chart of 2-EH, the market of 2-EH in 2022 fluctuated, with more rises and less falls. The highest increase was 19.08% in January and the highest decrease was 26.81% in June. On January 3, the 2-EH commodity index was 70.10, down 1.47 points from the previous day, down 49.02% from the cycle's highest point of 137.50 points (2021-08-08), and up 99.43% from the lowest point of 35.15 points on February 1, 2016. (Note: Period refers to 2011-09-01 to now)

Future prospects:

In the first ten days of January, the market of 2-EH may rise slightly. After New Year's Day, the upstream propylene market was consolidated at a high level, with good cost support. Downstream plasticizer market rose and demand increased. On the whole, the recent market of 2-EH may rise slightly mainly.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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