DOP prices rose first and then fell this week

According to the Commodity Market Analysis System of SunSirs, as of January 12th, the price of DOP was 12,120 RMB/ton, which increased and then decreased from the price of 12,058.33 RMB/ton on January 5th, with an increase of 0.51%. The cost support for plasticizer DOP had weakened, with DOP prices rising first and then falling this week.

The price of 2-EH rose first and then fell this week

According to the Commodity Market Analysis System of SunSirs, as of January 12th, the quotation for , was 13000 RMB/ton, which increased and then decreased compared to the quotation of 12,,962.50 RMB/ton on January 5th, with an increase of 0.29%; Compared to the price of 13,050 RMB/ton on January 10th, the price of 2-EH had decreased by 0.38%. This week, the production of downstream plasticizers had stabilized, and large plasticizer manufacturers purchased on demand. The transaction volume of 2-EH had weakened, and the support for high price of 2-EH was insufficient. The price of 2-EH had stopped rising and fallen, and the support for the rise of raw materials had weakened. The downward pressure on DOP had increased.

The price of PA fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of January 12th, the quotation for PA was 7,575 RMB/ton, a decrease of 1.46% from the price of 7,687.50 RMB/ton on January 5th. After the holiday, downstream demand for PA procurement hadbeen hindered by high-end PA, resulting in a decrease in PA prices, a decline in PA market, and a decrease in DOP costs.

Market outlook

SunSirs’ plasticizer product data analysts believe that this week, the raw material 2-EH rose first and then fell, the PA market fell, and the cost support for plasticizer DOP weakened. In addition, the operating load of plasticizer factories stabilized this week, and the support for plasticizer price increases weakened. In the future, the cost support for stable supply is weakened, and the support for rising DOP is weakened. It is expected that the price of DOP will be mainly weak and consolidating in the future.

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