The price of plasticizer DOP fluctuated and increased this week

According to the Commodity Market Analysis System of SunSirs, as of July 5th, the price of plasticizer DOP was 9,987.50 RMB/ton, which fluctuated and increased by 1.27% compared to the DOP price of 9,862.50 RMB/ton on July 1st. The market for plasticizer raw material PA had fluctuated and risen, while the price of 2-EH had fluctuated and risen. The cost of plasticizers had also increased, and this week the price of plasticizers had fluctuated and risen.

This week, the price of raw material 2-EH fluctuated and increased

According to the Commodity Market Analysis System of SunSirs, as of July 5th, the price of 2-EH was 9,850 RMB/ton, a fluctuating increase of 1.44% compared to the price of 2-EH on July 1st, which was 9,710 RMB/ton. This week, the price of 2-EH had fluctuated and risen, and downstream factory sales had rebounded. Enterprises had temporarily stabilized their enthusiasm for raw material procurement. Shandong's major factories had normal shipments, while the price of 2-EH had fluctuated and increased. Downstream purchases were mainly based on rigid demand. 2-EH manufacturers were shipping normally, and downstream customers procurement was on demand. The support for the rise of 2-EH was increasing.

The price of raw material PA fluctuated and increased this week

According to the Commodity Market Analysis System of SunSirs, the domestic market price trend of OX method PA had fluctuated and increased this week. As of July 5th, the quoted price of OX method PA was 8,087.50 RMB/ton, an increase of 0.47% compared to the fluctuation of OX method PA price of 8,050 RMB/ton on July 1st. The domestic quotation for OX method PA was 7,900-8,100 RMB/ton for factory delivery, while the domestic quotation for naphthalene based PA was 7,450-7,600 RMB/ton for factory delivery. The operating rate of domestic PA was around 60%, and the spot supply of PA was stable. The sales situation of PA manufacturers was average. This week, the price of industrial naphthalene fluctuated and rose, and the market for naphthalene PA rebounded, while the market for OX method PA rose. The market for PA had risen this week.

Market outlook

SunSirs’ plasticizer product data analysts believe that this week, the price of raw material 2-EH fluctuated and increased, the price of PA fluctuated and increased, and the cost of plasticizer DOP increased; downstream manufacturers expected an increase in demand for plasticizers, leading to a rebound in demand. The price of 2-EH fluctuated and rose, the price of PA rose, the cost of raw materials rose, downstream demand was expected to rebound, and the price of plasticizer DOP will fluctuate and rise in the future.

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