Product name: 2-EH
Latest price (August 2nd): 10,233.33/ton
Analysis review
On August 2nd, the market price of 2-EH in Shandong Province slightly increased, with a price increase of 250.00 RMB/ton or 2.50% compared to August 1st, and a year-on-year increase of 26.34%.
The upstream propylene price had slightly increased, with good cost support. The downstream DOP market had significantly increased, and downstream demand had increased. There were multiple positive factors, under the contradiction between supply and demand, the product trend was upward.
Market outlook
In the near future, the market price of 2-EH in Shandong region may fluctuate upward slightly, with an average market price of around 10,500 RMB/ton.
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