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SunSirs: After the Holiday, the DOP Market Surged Sharply and Then Fell

May 17 2021 14:27:44     SunSirs (John)

Price trend

According to the data monitoring of SunSirs, the price of DOP after the holiday fluctuated upward sharply and then stabilized and fell. As of May 14th, the DOP price was 13,725.00 RMB/ton, an increase of 10.02% from the DOP price of 12,475.00 RMB/ton on May 1 at the beginning of the month. The market for plasticizers rose sharply in May, the prices of raw materials rose sharply and then fell, and the market for plasticizers stabilized after a surge.

The cost of raw materials fell after a surge

After the holiday, the prices of 2-EH and PA rose sharply and then fell. The cost of DOP raw materials stabilized after rising, and the downward pressure on DOP in the market outlook increased and the momentum for rising momentum weakened.

Market summary and outlook

The DOP data analyst of SunSirs believes that the cost of DOP raw materials rose sharply after the holiday, which stimulated the price of DOP to rise sharply. After May 10, the prices of 2-EH and PA stabilized. On the 14th, the prices of 2-EH and PA fell, and the cost of raw materials fell, DOP was weak to rise. Generally speaking, the market outlook for the DOP market is weak, and it is expected that the market outlook for the DOP price will be weak and stable for the time being.

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