Price trend
On March 24th, the market price of 2-EH in Shandong Province was 9,614.29 RMB/ton, with a slight increase. Compared to March 23rd, the price increased by 157.15 RMB/ton, or 1.66%. Compared with the same period last year, the decrease was 26.23%.
Analysis review
Upstream propylene prices fell slightly, and cost support was general. Downstream DOP market rose slightly, and downstream demand increased. The product trend was upward under the contradiction between supply and demand.
Market outlook
In the near future, the factory price of 2-EH in Shandong Province may fluctuate up slightly, with the average market price around 9,700 RMB/ton.
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