SunSirs: DOP Prices Skyrocketed after the Holiday
October 08 2023 10:29:19 SunSirs (John)
DOP prices skyrocketed after the holiday
According to the Commodity Market Analysis System of SunSirs, as of October 7th, the price of DOP was 12,200 RMB/ton, an increase of 5.32% compared to the price of 11,583.33 RMB/ton on October 1st. After the holiday, the price of plasticizers stopped falling and rebounded, with a significant increase in DOP prices on October 7th.
The price of 2-EH surged after the holiday
According to the Commodity Market Analysis System of SunSirs, the price of 2-EH on October 7th was 12,360 RMB/ton, an increase of 2.83% compared to the price of 12,020 RMB/ton on October 1st. During the holiday period, plasticizer manufacturers actively purchased and downstream replenished stocks of 2-EH after the holiday. The demand for 2-EH increased, and the price of 2-EH surged after the holiday.
Market outlook
SunSirs’ plasticizer product data analysts believe that during the Double Festival period, downstream customers of 2-EH actively purchased, and after the holiday, plasticizer enterprises restocked, resulting in a significant increase in 2-EH prices; The price of PA’s raw material fluctuated and fell, and the price of PA fell under pressure. Overall, after the holiday, the price of plasticizer DOP raw materials had significantly increased, and the upward momentum of plasticizer DOP had increased. The price of plasticizer DOP had also fluctuated upward significantly.
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