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SunSirs: Views on DOP Trends on September 22
September 23 2021 13:59:51SunSirs(John)

DOP prices fell against the market this week

According to the data monitoring of SunSirs, the DOP price stabilized temporarily on September 22, and the DOP market trend stabilized. As of September 22, the DOP price was 13,950.00 RMB/ton, which was stable compared to the price on September 18 of the previous trading day, and fell 5.34% from the price of 14,737.50 RMB/ton on September 1. The price of DOP stabilized, and the decline of DOP slowed down.

Overview of industry chain market

According to the price monitoring of SunSirs, the price of raw material 2-EH stabilized, and the price of PA rebounded slightly, the cost of DOP stabilized; the price of downstream plastic PVC rebounded and the demand stabilized; the start of DOP manufacturers fell, and the supply of DOP decreased.

Market outlook

DOP data analyst of SunSirs believes that the recent shock and drop in the price of 2-EH drove the decline of DOP prices; as the decline in the price of 2-EH slowed, the price of PA rose slightly, and the cost of DOP rose. Affected by the dual control of environmental protection and energy consumption, the price of PVC rebounded and increased, stimulating the price of DOP. On the whole, rising costs and demand picked up, and the momentum for DOP rise in the market outlook will increase. It is expected that DOP prices will temporarily stabilize, and DOP prices will be temporarily stable in the short term in the market outlook, and there will be a rebound and upward trend in the medium term.

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