The price of 2-EH fluctuated and rose in January

According to the Commodity Market Analysis System of SunSirs, as of January 7th, the price of 2-EH was 8,033.33 ,, a fluctuating increase of 5.70% compared to the price of 7600 RMB/ton on January 1st. In January, the equipment production of 2-EH enterprises remained stable. After the New Year's Day holiday, inventory was replenished, and downstream manufacturers stocked up before the Spring Festival, resulting in a brief increase in demand. As a result, the price of 2-EH fluctuated and rose in January.

In January, there was sufficient supply of 2-EH and demand increased

In January, 2-EH enterprises started production steadily, and with the continuous production of 2-EH capacity, the supply of 2-EH increased. After the New Year's Day holiday, downstream manufacturers replenished their inventory, and coupled with stocking up before the Spring Festival, the demand for 2-EH increased, leading to an increase in 2-EH prices.

Downstream plasticizer DOP prices fluctuated and rose in January

According to the Commodity Market Analysis System of SunSirs, as of January 7th, the DOP price was 8,513.75 RMB/ton, a fluctuating increase of 3.49% compared to the DOP price of 8,226.25 RMB/ton on January 1st. The profit margin of plasticizer DOP was high, and plasticizer enterprises were actively operating. The operating rate of downstream plasticizer enterprises was high, and plasticizers had a certain positive support for the demand for 2-EH. Plasticizer enterprises replenished their inventory and purchased 2-EH after the holiday, and downstream provided demand support for 2-EH.

Market outlook

The 2-EH product data analyst of SunSirs believes that in January, the equipment production of 2-EH enterprises was at a high level, and with the addition of new production capacity, the shortage of 2-EH supply was alleviated, resulting in significant downward pressure on 2-EH; High profits, active downstream production, and post holiday inventory replenishment and pre Spring Festival stocking provided significant support for demand for 2-EH. In the future, the supply shortage of 2-EH has been alleviated, with strong demand support. It is expected that the price of 2-EH will fluctuate and stabilize in the future.

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