The price of 2-EH fell in September

According to the Commodity Market Analysis System of SunSirs, as of September 9th, the price of 2-EH was 7,800 RMB/ton, a decrease of 2.30% from the price of 7,983.33 RMB/ton on September 1st at the beginning of the month; Compared to the price of 12,950 RMB/ton at the beginning of the year, the price of 2-EH decreased by 39.77%. During the traditional peak season of Gold September, the production of 2-EH manufacturers increased, the supply of 2-EH improved, downstream enterprises actively purchased 2-EH, and 2-EH manufacturers shipped smoothly. The price of 2-EH supported the upstream raw material prices, and the cost of 2-EH raw materials decreased, resulting in a further decline in 2-EH prices.

The price of raw material propylene fluctuated and fell in September

According to the SunSirs' propylene commodity market analysis system, as of September 9th, the price of propylene was 6,831.25 RMB/ton, a fluctuating decrease of 1.97% compared to the price of 6968.25 RMB/ton on September 1st. The crude oil market fluctuated and fell in September, and the cost support for propylene weakened; Acrylic manufacturers are operating at low loads, with tight supply and weak downstream demand. The price of propylene was fluctuating and falling, and the cost support for 2-EH was weakening.

Downstream plasticizer prices fell again

According to the Commodity Market Analysis System of SunSirs, as of September 9th, the price of plasticizer DOP was 8,463.75 RMB/ton, a decrease of 3.01% from the DOP price of 8,726.25 RMB/ton on September 1st at the beginning of the month; Compared to the price of 12,091.67 RMB/ton on January 1st at the beginning of the year, it had decreased by 30%. The cost of raw materials had decreased, and the price of plasticizer DOP continued its previous decline in September, hitting a new low for the year. In the traditional peak season of the plasticizer market in September, downstream customers had more inventory, DOP manufacturers were actively shipping, and the supply of goods from manufacturers was tight. However, due to insufficient gold September, the demand for plasticizers was limited, and the support for DOP price increaseswas insufficient, resulting in fluctuations in DOP prices.

Market outlook

According to the data analyst of SunSirs' 2-EH product, the supply and demand of 2-EH market increased in September. In terms of cost, crude oil prices and propylene prices had fluctuated and fallen, while the cost support for 2-EH had weakened; In terms of demand, the recovery of the plasticizer market was not as expected, and the demand for 2-EH was poor; In terms of supply, the number of 2-EH manufacturers operating had increased, resulting in an increase in 2-EH supply. It is expected that the price of plasticizer DOP will fluctuate and fall in the future.

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