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SunSirs: This Week, Plasticizer DOP Fluctuated and Rose
June 12 2024 10:55:42SunSirs(John)

This week, the price of plasticizer DOP fluctuated and rose

According to the Commodity Market Analysis System of SunSirs, as of June 11th, the price of plasticizer DOP was 10,362.50 RMB/ton, an increase of 2.47% from the DOP price of 10,112.50 RMB/ton on June 1st of the month. The price of plasticizer raw material PA remained strong and stable, while the price of 2-EH fluctuated and rose. The cost of plasticizer increased, and the profit of plasticizer DOP decreased. The production of plasticizer DOP enterprises decreased, and the supply of plasticizer DOP was sufficient.

The price of raw material 2-EH fluctuated and rose

According to the Commodity Market Analysis System of SunSirs, as of June 11th, the quotation for 2-EH was 10,140 RMB/ton, an increase of 2.42% compared to the quotation of 9,900 RMB/ton on June 1st. This week, the price of 2-EH fluctuated and rose slightly. Since the domestic 2-EH market bottomed out in mid April, the price center of 2-EH had slowly shifted upwards. 2-EH manufacturers were limited in quantity and reluctant to sell, while downstream customers had a strong demand for purchases, which provided significant support for the rise of 2-EH.

Market outlook

SunSirs’ plasticizer product data analysts believe that the price of raw material 2-EH had fluctuated and risen this week, leading to an increase in the cost of plasticizer DOP. In the future, the supply of 2-EH will be tight, and the support for the price increase of 2-EH will still exist; The cost of raw materials increases, downstream demand support weakens, and the price of plasticizer DOP will fluctuate upward slightly in the future.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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