The price of plasticizer DOP fluctuated and increased slightly in July

According to the Commodity Market Analysis System of SunSirs, as of July 11th, the price of DOP was 9,816.67 RMB/ton, an increase of 1.55% compared to the price of 9,666.67 RMB/ton on July 1st. The price of raw material 2-EH fluctuated and increased, the cost of plasticizer DOP increased, and the price of plasticizer DOP fluctuated and increased.

The price of 2-EH fluctuated and rose this week

According to the Commodity Market Analysis System of SunSirs, the price of 2-EH was 9,600 RMB/ton on July 11th, an increase of 2.67% compared to 9,350 RMB/ton on July 1st. In July, the price of 2-EH fluctuated and increased, the cost of plasticizer products increased, and the price of plasticizer DOP fluctuated and increased.

The market for raw material PA first fell and then rose

According to the market analysis system for PA products of SunSirs, as of July 11th, the quotation for neighboring PA was 7,700 RMB/ton, which was stable compared to the price of 7,700 RMB/ton for PA on July 1st. In July, the price of PA first fell and then rose, and the market for PA rebounded. The production of PA enterprises was stable, and the supply of PA was sufficient. Downstream procurement was just on demand, and demand was poor. The cost of raw materials stabilized, and the pressure on the cost of plasticizers to decline was weakened.

Market outlook

Analysts from SunSirs’ plasticizer product data believe that in July, the price of 2-EH fluctuated and rose, while the price of PA first fell and then rose. The cost of plasticizer product DOP increased, and the downward pressure on plasticizer product DOP prices weakened, increasing the upward momentum. In the future, with rising costs, sufficient supply of plasticizer DOP and weak demand, the upward momentum of plasticizer is increasing, and it is expected that the price of plasticizer DOP will fluctuate and rise.

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