SunSirs: Cost Increased, DOP Prices Fluctuated and Rose This Week
November 27 2023 14:15:00 SunSirs (John)
The price of plasticizer DOP fluctuated and increased this week
According to the Commodity Market Analysis System of SunSirs, as of November 24th, the price of DOP was 11,475 RMB/ton, an increase of 1.92% from the price of 11,259.17 RMB/ton on November 17th. The support for raw materials had increased, and the export of plasticizers had increased. This week, DOP prices had fluctuated and risen.
2-EH prices fluctuated and rose
According to the Commodity Market Analysis System of SunSirs, the price of 2-EH fluctuated and increased this week. As of November 24th, the quoted price of 2-EH was 11,380 RMB/ton, an increase of 0.89% compared to the quoted price of 11,280 RMB/ton on November 17th. 2-EH manufacturers were actively shipping, with low inventory and rising prices. Downstream plasticizer companies were increasing production, leading to a rebound in demand for 2-EH. As a result, the price of 2-EH had fluctuated and risen this week.
This week, the price of PA stopped falling and rebounded
According to the Commodity Market Analysis System of SunSirs, as of November 24th, the quoted price of PA was 7,500 RMB/ton, an increase of 0.17% compared to the price of 7,487.50 RMB/ton on November 17th. The operating rate of domestic PA remained at 60%, the supply of PA was stable, the plasticizer market was recovering, the PA market was favorable, and the price of PA had rebounded.
Future expectations
SunSirs’ plasticizer product data analysts believe that this week, the raw material 2-EH fluctuated and rose, the price of PA rebounded, and the cost of plasticizers increased. In the future, with rising costs, downstream procurement enthusiasm is still acceptable, and it is expected that the price of plasticizer DOP will fluctuate and rise.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
- 2024-04-10 SunSirs: On April 9th, the Domestic DOP Market Was Consolidating
- 2024-03-14 SunSirs: Cost Reduced and DOP Prices Significantly Dropped This Week
- 2024-03-06 SunSirs: The Recovery of Demand Was Slow, and DOP Prices Weakly Consolidated in February
- 2024-02-20 SunSirs: After the Holiday, Plasticizer Manufacturers Resumed Production and DOP Supply Increased
- 2024-02-02 SunSirs: Raw Material Price Reduced, and DOP Price Fluctuated and Fell in January
