SunSirs: Raw Material Prices Decreased, and This Week's DOP Prices Fluctuated and Fell

The price of plasticizer DOP fluctuated and fell this week

According to the Commodity Market Analysis System of SunSirs, as of September 14th, the price of DOP was 11,566.67 RMB/ton, a decrease of 2.18% from the price of 11,825 RMB/ton on September 7th. The prices of raw materials fell, the cost of plasticizers haf decreased, and the price of plasticizer DOP fluctuated and fell this week.

The price of 2-EH fluctuated and fell this week

According to the Commodity Market Analysis System of SunSirs, the price of 2-EH on September 14th was 12,200 RMB/ton, a decrease of 5.72% compared to the price of 12,940 RMB/ton on September 7th. The domestic 2-EH plants restarted, with sufficient supply of 2-EH. The price of raw material propylene decreased, and the price of 2-EH fluctuated and fell.

The market of raw material PA fluctuated and rose

According to the market analysis system for PA products of SunSirs, as of September 14th, the quotation for PA produced by OX method was 8,737.50 RMB/ton, an increase of 0.87% compared to the price of 8,662.50 RMB/ton on September 7th. The price of PA produced by naphthalene fluctuated and increased, the price of raw materials for PA increased. The willingness to support PA had increased, and the price of PA had increased. Downstream procurement enthusiasm was poor, and there was a significant resistance to high priced PA. In the future, the price of PA will mainly be stable.

Market outlook

Plasticizer product data analysts from SunSirs believe that in terms of raw materials, the prices of 2-EH had fluctuated and fallen, while the prices of PA continued to rise weakly, resulting in a decrease in the DOP cost of plasticizer products; PVC prices had fluctuated and fallen, with average enthusiasm for downstream PVC procurement and insufficient support for plasticizer demand. In the future, against the backdrop of weak supply and demand of plasticizers, costs have decreased and demand support is insufficient. It is expected that the price of plasticizer DOP will fluctuate and fall.

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