SunSirs: Cost dropped, DOP price Fell sharply this week
February 14 2023 15:05:00 SunSirs (John)
DOP prices fell sharply this week
According to the data monitoring of SunSirs, as of February 10, the price of DOP was 10,050 RMB/ton, down 6.16% from the price of 10,710 RMB/ton on February 5 at last weekend. The cost fell, the demand remained weak, and the DOP market fell sharply.
The price of raw material 2-EH dropped sharply
According to the price monitoring of SunSirs, as of February 10, the price of 2-EH was 9,733.33 RMB/ton, down 8.75% from the price of 2-EH at 10,666.67 RMB/ton on February 5. Downstream demand was weak this week, the price of 2-EH fell sharply, the cost of DOP raw materials fell, and the downward pressure on DOP prices increased.
The market of raw material PA was in a stalemate
According to the price monitoring of SunSirs, as of February 10, the price of OX method PA was 8,237.50 RMB/ton, up 0.15% from the price of 8,225 RMB/ton on February 5. The cost was temporarily stable, the demand was weak, the market of PA was stagnant this week, the price of PA was stable, and the rising power of DOP was weakened.
Market outlook
DOP data analysts of SunSirs believe that the price of 2-EH, the raw material, fell sharply, the price of PA stabilized, the cost of DOP decreased, and the downward pressure on DOP increased. DOP costs fell, demand was weak, and the price of DOP is expected to fall in the future.
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