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SunSirs: Costs Went Up, DOP Prices Went Up
September 21 2022 10:33:08SunSirs(John)

Price trend

According to the data monitoring of SunSirs, as of September 19, the DOP price was 10,312.50 RMB/ton, a sharp increase from the DOP price of 9,650 RMB/ton on September 12 at the beginning of the week, an increase of 6.87%. Raw material prices rose sharply, DOP costs rose, and DOP prices rose.

Analysis review

According to the price monitoring of SunSirs, the price of 2-EH rose volatile this week. As of September 19, the price of 2-EH was 9,366.67 RMB/ton, which was a shock increase of 5.64% compared with the 2-EH price of 8,866.67 RMB/ton on September 12 at the beginning of the week. The price of 2-EH went up, and the cost of DOP went up.

According to the price monitoring of SunSirs, the price of PA rose this week, and the market of PA rose strongly. As of September 19, the price of PA was 9,600 RMB/ton, an increase of 3.78% from the 9,250 RMB/ton price of PA on September 12 at the beginning of the week. This week, the price of OX rose, the cost of PA rose, the operating rate of downstream plasticizers rose, and the demand for PA rose. PA had a greater driving force, the cost of DOP raw materials rose, and the driving force of DOP increased.

Market outlook

The DOP data analyst of SunSirs believes that the operating rate of plasticizer companies increased this week; the price of raw material 2-EH rose sharply, the price of PA continued to rise, and the cost of plasticizer DOP rose. Looking at the market outlook, the supply and demand of plasticizer enterprises are basically stable, the price of raw materials fluctuates and rises, the DOP price has a strong driving force, and the downward pressure still exists. It is expected that the DOP price will stabilize strongly in the future.

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

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