The price of DOP fell in shock this week

According to the data monitoring of SunSirs, as of March 13, the price of DOP was 9,960 RMB/ton, down 0.60% from the price of 10,020 RMB/ton on March 6. The cost support was insufficient, and the DOP market fell in shock this week.

The price of raw material 2-EH fell in shock

According to the price monitoring of SunSirs, as of March 13, the price of 2-EH was 9,271.43 RMB/ton, down 2.11% from the price of 2-EH on March 6 at 9471.43 RMB/ton. Downstream demand for 2-EH was temporarily stable, and downstream customers were mostly bargain-hunting and restocking. This week, the price of 2-EH fluctuated and fell, the cost of DOP raw materials fell, and the upward momentum of DOP weakened and the downward pressure increased.

The market of raw material PA fluctuated and rose

According to the price monitoring of SunSirs, as of March 13, the quotation of OX method PA was 8,637.50 RMB/ton, up 1.92% from the price of 8,475 RMB/ton on March 6. The price of OX rose, and the willingness of PA to support high prices was strong. The price of PA rose in shock this week, and the upward momentum of DOP increased.

Market outlook

According to DOP data analysts of SunSirs, the price of 2-EH, the raw material of DOP, fell in shock this week, the price of PA rose in shock, and the cost of DOP fell. The operating rate of DOP enterprises was stable, the supply of DOP was sufficient, the overall demand growth was less than the supply growth, and the downward pressure of DOP remained. The demand for DOP was temporarily stable, and the cost was reduced. In the future, the price of DOP is expected to fluctuate and consolidate.

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