The price of plasticizer DOP first rose and then fell in November
According to the Commodity Market Analysis System of SunSirs, as of November 27th, the DOP price was 9,176.25 RMB/ton, a fluctuating decrease of 3.93% compared to the DOP price of 9,551.25 RMB/ton on November 14th; Compared to November 1st, the DOP price of 9,101.25 RMB/ton first rose and then fell, with an increase of 0.82%. The equipment of 2-EH enterprises stopped short, and the price of 2-EH first rose and then fell. The cost of plasticizers increased, and the operating rate of plasticizer enterprises remained stable, with sufficient supply of plasticizers. The downstream PVC off-season was approaching, and the demand for plasticizers was falling, causing the price of plasticizer DOP to rise first and then fall.
Downstream demand declined
Downstream PVC product enterprises were gradually experiencing a decline in production, and as entered November, the traditional off-season in the market, downstream PVC production was expected to decrease. As the weather in the north gradually turned cold, demand was weak; The downstream market was declining, and the downward pressure on plasticizers was increasing.
The cost of raw materials first increased and then decreased
According to the Commodity Market Analysis System of SunSirs, as of November 27th, the price of 2-EH was 9,300 RMB/ton, a fluctuating decrease of 4.78% compared to the price of 9,766.67 RMB/ton on November 14th; Compared to November 1st, the price of 2-EH at 9,033.33 RMB/ton first increased and then decreased, with a rise of 2.95%. In mid November, the equipment of 2-EH enterprises experienced a short shutdown, resulting in a decrease in 2-EH supply and a fluctuating rise in 2-EH prices. During the off-season of the market, the demand support for 2-EH was insufficient, and the supply of 2-EH was weakened. The demand was average, and the price of 2-EH first rose and then fell.
Market plasticizer products outlook
According to the data analyst of SunSirs, in terms of cost, the price of 2-EH first rose and then fell, the price of PA fluctuated and fell, and the cost of plasticizer DOP decreased; In terms of demand, the off-season is approaching, and downstream production and inventory are expected to decrease, leading to a decline in demand for plasticizers. In the future, the prices of raw materials will fluctuate and fall, the downward pressure of 2-EH will increase, and the cost of plasticizers will decrease; The off-season is approaching, and demand expectations are decreasing, resulting in cost reduction and weak demand. It is expected that the price of plasticizer DOP will fluctuate and fall in the future.
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