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SunSirs: Cost Increased, DOP Fluctuated and Rose This Week

June 20 2023 14:50:40     SunSirs (John)

The price of plasticizer DOP fluctuated and increased this week

According to the Commodity Market Analysis System of SunSirs, as of June 19, the price of DOP was 9,675 RMB/ton, an increase of 4.50% compared to the price of 9,258.33 RMB/ton on June 10. The prices of raw materials such as 2-EH and n-butanol had rebounded and increased, while the cost of plasticizer DOP had 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 9,040 RMB/ton on June 19, an increase of 3.67% compared to 8,720 RMB/ton on June 9. This week, the price of 2-EH fluctuated and increased, the cost of plasticizer products increased, and the price of plasticizer DOP fluctuated and increased.

The market of raw material PA fluctuated and stabilized

According to the market analysis system for PA products of SunSirs, as of June 19, the quotation for OX method PA was 7,637.50 RMB/ton, a decrease of 0.65% compared to the 7,687.50 RMB/ton price of PA on June 9 last weekend. This week, the price of PA fluctuated slightly and fell. The operation of PA enterprises was stable, the supply of PA was sufficient, downstream procurement was based on on-demand and demand was poor, raw material costs were weak and temporarily stable, and there was still pressure on the cost of plasticizers to decline.

Market outlook

SunSirs’ plasticizer product data analysts believe that this week, the price of 2-EH fluctuated and increased, while the price of PA fluctuated and stabilized. The cost of plasticizer product DOP increased, and the downward pressure on plasticizer product DOP prices weakened, the upward momentum increased. The price of 2-EH increased, the cost of plasticizers increased, and the operating rate of DOP enterprises was 70%. The supply of plasticizers was sufficient, and the demand for plasticizers was still weak. The cost was positive, and the upward momentum of plasticizers was increasing. It is expected that the price of plasticizer DOP will fluctuate and rise.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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