SunSirs: Replenishment Ended, Costs Lost Support, and DOP Prices Fell This Week

The price of plasticizer DOP fell this week

According to the Commodity Market Analysis System of SunSirs, as of October 16th, the price of DOP was 11,516.67 RMB/ton, a decrease of 5.60% compared to the price of 12,200 RMB/ton on October 7th. This week, plasticizer prices had fallen from a high point, with no cost support, and DOP prices fluctuated and fell this week.

The price of 2-EH fluctuated and consolidated this week

According to the Commodity Market Analysis System of SunSirs, the price of 2-EH on October 16th was 12,500 RMB/ton, an increase of 1.13% compared to the price of 12,360 RMB/ton on October 7th. Upstream propylene prices fell, while the cost of 2-EH had decreased. This week, the downstream replenishment of 2-EH had ended, and the demand for 2-EH was poor. This week, the price of 2-EH fluctuated and consolidated.

The price of PA fluctuated and fell this week

According to the Commodity Market Analysis System of SunSirs, the price of PA on October 16th was 8,375 RMB/ton, a decrease of 3.87% compared to the price of 8,712.50 RMB/ton on October 7th. The operation of domestic PA plants was stable, the supply of PA was stable, and the downstream procurement situation was average. Some PA manufacturers had accumulated inventory, resulting in a decrease in the price of OX and a decrease in the cost of PA. This week, the price of PA fluctuated and fell.

Market outlook

SunSirs’ plasticizer product data analysts believe that the downstream replenishment of 2-EH had ended this week, resulting in poor customer procurement enthusiasm and poor demand for 2-EH; The price of OX decreased, the cost of raw materials for PA decreased, and the price of PA fluctuated and fell. Overall, the prices of plasticizer DOP raw materials fluctuated and decreased, the cost of plasticizers decreased, and demand was weak. The price of plasticizer DOP had fluctuated and decreased.

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