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SunSirs: DOP Market Picked Up This Week (January 25-30)

February 01 2021 13:53:21     SunSirs (John)

Price trend

According to the data monitoring of SunSirs, the plasticizer DOP market rebounded this week, and the DOP price rose slightly. As of January 30, the DOP price was 9,550.00 RMB/ton, a slight increase from the early-week price of 9,400.00 RMB/ton, or 1.60%.

The upstream market of the industry chain

It can be seen from the 2-EH price chart that the price of 2-EH fluctuated up this week, the transaction of 2-EH was good, the price was firm, the overall 2-EH market was firm, the cost of DOP raw materials fluctuated upward, and the upward momentum of DOP increased and the downward pressure weakened.

It can be seen from the PA chart that the price of PA rose slightly this week, the PA market rebounded, the cost of DOP's raw material PA rose, and the downward pressure on DOP weakened and upward momentum increased.

The downstream market of the industry chain

From the PVC price chart, it can be seen that the price of PVC rose this week, the PVC market rebounded, and the demand for DOP rose. The trend of DOP picked up, and the market for plasticizer DOP increased.

Market outlook

According to DOP data analysts of SunSirs, the prices of DOP raw materials, 2-EH and PA, fluctuated up this week, and the cost of DOP raw materials rose, and DOP prices increased; the downstream PVC market recovered, DOP demand increased, and the upward momentum of DOP increased. The operating rate of DOP enterprises remained low and the operating rate remained at around 60%. Generally speaking, the cost of DOP has risen, the momentum of DOP's rise has increased, the situation in the next market has risen, and the DOP market has recovered. DOP prices are expected to fluctuate and rise in the future. As DOP companies start to increase their operations, DOP prices will fluctuate to stabilize.

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