SunSirs: On March 27th, the Price of 2-EH in Shandong Fell by 6.13%
March 29 2024 15:11:44 SunSirs (John)
Product name: 2-EH
Latest price (March 27th): 9,575.00/ton
Analysis review
On March 27th, the market price of 2-EH in Shandong Province dropped significantly, with a price drop of 625 RMB/ton compared to March 26th, a decrease of 6.13% and a year-on-year decrease of 1.14%. Upstream propylene prices dropped significantly, with insufficient cost support. The downstream plasticizer market experienced a significant decline, and downstream demand had weakened. Manufacturers were operating at a high level, lowering prices to attract orders.
Market outlook
In the near future, the market price of 2-EH in Shandong region may experience a slight fluctuation and decline, with an average market price of around 9,300 RMB/ton.
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