SunSirs: Raw Material Prices Continued to Decline, 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 October 23, the price of DOP was 11,425 RMB/ton, a decrease of 2.42% compared to the price of 11,708.33 RMB/ton on October 15. The prices of raw materials had continued to decline, and this week, DOP prices fluctuated and fell.

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 October 23rd was 12,340 RMB/ton, a decrease of 2.06% compared to the price of 12,600 RMB/ton on October 15th. Upstream propylene prices had fallen, the cost of 2-EH decreased, and demand for 2-EH was poor. This week, the price of 2-EH fluctuated and fell.

The price of PA fluctuated and fell this week

According to the Commodity Market Analysis System of SunSirs, the price of PA on October 23rd was 8,187.50 RMB/ton, a decrease of 2.38% compared to the price of 8,387.50 RMB/ton on October 15th. The operation of domestic PA plants was stable, the supply of PA was stable, and the downstream procurement situation was average. The PA manufacturers had accumulated inventory, but the price of PA produced by naphthalene method had weakened, the price of OX had decreased, and the cost of PA had decreased. This week, the price of PA fluctuated and decreased.

Overview and outlook

Plasticizer product data analysts from SunSirs believe that the prices of raw materials such as 2-EH and PA had fluctuated and fallen, downstream customers had poor purchasing enthusiasm, poor demand for 2-EH and PA, and insufficient support for plasticizer raw materials. Overall, the prices of plasticizer DOP raw materials had fluctuated and decreased, the cost of plasticizers had decreased, and demand was weak. The price of plasticizer DOP fluctuated and decreased.

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