The price of plasticizer DOP fluctuated and increased in July

According to the Commodity Market Analysis System of SunSirs, as of July 21, the price of DOP was 10,100 RMB/ton, an increase of 4.48% compared to the price of 9,666.67 RMB/ton on July 1. The price of raw material 2-EH fluctuated and increased, the cost of plasticizer DOP increased, downstream demand had rebounded, and the support for plasticizer increase increased. The price of plasticizer DOP fluctuated and increased.

The price of 2-EH fluctuated and rose this week

According to the Commodity Market Analysis System of SunSirs, the price of 2-EH was 9,633.33 RMB/ton on July 21, an increase of 3.03% compared to 9,350 RMB/ton on July 1. In July, the price of 2-EH fluctuated and increased, leading to an increase in the cost of plasticizer products and an increase in the price of plasticizer DOP.

The market of raw material PA fluctuated and rose

According to the market analysis system for PA products of SunSirs, as of July 21, the quotation for PA produced by OX method was 8,050 RMB/ton, an increase of 4.55% compared to the price of 7,700 RMB/ton on July 1. In July, the price of PA fluctuated and rose, and the price of crude oil fluctuated and rose. The market for PA rose, and the production of PA enterprises remained stable. The supply of PA was sufficient, and downstream procurement was on demand and the demand stabilized. The cost of raw materials increased, and the driving force for the increase in plasticizer costs increased.

Downstream PVC market fluctuated and rose

According to the PA commodity market analysis system of SunSirs, as of July 21, the PVC quotation was 5,698.33 RMB/ton, an increase of 3.51% compared to the PVC price of 5,505 RMB/ton on July 1. In July, PVC prices fluctuated and increased, while crude oil prices fluctuated and rose, PVC costs increased. The delay of two policies in the "16 Financial Regulations" helped promote the completion and delivery of real estate projects. While ensuring the delivery of buildings, it also helped to repair market demand expectations. PVC demand expectations rose, downstream demand rebounded, and the driving force for plasticizer cost increases increased.

Market outlook

Analysts of plasticizer product data from SunSirs' believe that in July, the prices of 2-EH and PA fluctuated and increased, leading to an increase in DOP costs for plasticizer products. Downstream PVC demand was expected to rebound, and plasticizer demand was expected to rise. The upward momentum in DOP prices for plasticizer products was increasing. In the future, with rising costs and a rebound in demand, the upward momentum of plasticizers is increasing, and it is expected that the price of plasticizer DOP will fluctuate and rise.

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