SunSirs: DOP Prices Fell Sharply on February 6
February 07 2023 13:38:19 SunSirs (John)
DOP prices fell sharply on February 6
According to the data monitoring of SunSirs, as of February 6, the price of DOP was 10,460 RMB/ton, down 2.33% from the price of 10,710 RMB/ton on February 3 of the previous trading day. The price of raw materials fell, the inventory of downstream customers was high, the downstream procurement was poor, and the price of DOP fell sharply.
The price of raw materials fell
According to the price monitoring of SunSirs, on February 6, the prices of 2-EH and PA both fell, the cost of DOP raw materials fell, and the downward pressure on DOP increased; The raw material inventory of downstream customers was high, the downstream procurement was poor, the price of PVC fluctuated and fell, the demand for plasticizers was weak, and the downward pressure of plasticizer DOP was increased.
Market outlook
The cost fell, the demand was weak, and the downward pressure of plasticizer DOP was increased. It is expected that the DOP will fall in shock in the future.
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