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SunSirs: Raw Materials Declined, Demand Was Poor, and DOP Market Fluctuated and Declined This Week
June 05 2023 10:47:00SunSirs(John)

The price of plasticizer DOP fluctuated and fell this week

According to the Commodity Market Analysis System of SunSirs, as of June 2, the price of DOP was 9,560 RMB/ton, a decrease of 3.69% compared to the price of 9,925.83 RMB/ton on May 26. The prices of raw materials such as 2-EH and PA decreased, the cost of plasticizer DOP decreased, the downward pressure on plasticizers increased, and the price of DOP fluctuated and fell.

The price of 2-EH fluctuated and fell this week

According to the Commodity Market Analysis System of SunSirs, the price of 2-EH was 9,080 RMB/ton on June 2, a decrease of 6.30% compared to 9,690 RMB/ton on May 26. This week, the price of 2-EH had experienced a significant fluctuation and decline, with weak market trading performance. The pressure on the cost of plasticizer products increased, and the price of plasticizer DOP fluctuated and fell.

The market of raw material PA fluctuated and fell

According to the market analysis system for PA products in SunSirs, as of June 2, the quotation for PA produced by OX method was 7,800 RMB/ton, a decrease of 2.19% compared to the price of 7,975 RMB/ton on May 26. The operation of the PA plant was stable, the supply of PA was sufficient, and downstream demand for on-demand procurement was poor. This week, the price of PA fluctuated and fell. The cost of raw materials decreased, and the pressure on the cost of plasticizers increased.

Market outlook

SunSirs plasticizer product data analysts believe that this week, the price of 2-EH significantly decreased, the price of PA fluctuated and fell, the cost of plasticizer product DOP had decreased, and the downward pressure on plasticizer product DOP prices had increased. In the future, there is sufficient supply of 2-EH and PA, and the plasticizer DOP market is still weak. There is still downward pressure on 2-EH and PA, and the demand for plasticizers is still weak. The cost is weak, and the demand is weak. The plasticizer market is bearish, and the downward pressure on plasticizers is increasing. It is expected that the price of plasticizer DOP will fluctuate and fall.

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

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