SunSirs: On November 1st, the Price of Shandong 2-EH Decreased by 5.45%
November 02 2023 09:54:24 SunSirs (John)
Product name: 2-EH
Latest price (November 1st): 11,460.00/ton
Analysis review
On November 1st, the market price of 2-EH in Shandong Province significantly decreased, with a price drop of 660 RMB/ton compared to October 31st, a decrease of 5.45%, and a year-on-year increase of 24.57%.
Upstream propylene prices have slightly increased, with good cost support. The downstream DOP market has slightly declined, and downstream demand has slowed down. Enterprises are operating at a high level, with severe inventory accumulation, and large factories are lowering prices to attract orders.
Market outlook
In the near future, the market price of 2-EH in Shandong region may fluctuate slightly, with an average market price of around 11,200 RMB/ton.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
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