Product name: 2-EH
Latest price (August 23rd): 12,200.00/ton
Analysis review
On August 23rd, the market price of 2-EH in Shandong Province slightly increased, increasing by 233.33 RMB/ton or 1.95% compared to August 22nd, with a year-on-year increase of 47.58%.
Upstream propylene prices continued to rise, with strong cost support. The downstream DOP market was consolidating at a high level, and downstream demand was good. Under multiple favorable factors and supply-demand contradictions, the product trend was upward.
Market outlook
Recently, the market price of 2-EH in Shandong region may fluctuate up slightly, with an average market price of around 12,500 RMB/ton.
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