Product name: 2-EH
Latest price (October 11th): 12,600.00/ton
Analysis review
On October 11th, the market price of 2-EH in Shandong Province slightly increased, with a price increase of 250 RMB/ton or 2.02% compared to October 10th, and a year-on-year increase of 35.97%.
Upstream propylene prices had stabilized at high levels, with good cost support. The downstream DOP market had slightly increased, leading to an increase in downstream demand. Multiple benefits were good, but the product trend was upward under the contradiction between supply and demand.
Market outlook
In the near future, the market price of 2-EH in Shandong region may fluctuate slightly, with an average market price of around 12,000 RMB/ton.
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