The price of plasticizer DOP 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, plasticizer enterprises were actively operating, downstream plasticizer enterprises had high operating rates, and plasticizer supply was sufficient. After the New Year's Day holiday and with manufacturers replenishing their inventory before the Spring Festival, there was a brief increase in demand for plasticizers. As a result, the supply of plasticizer DOP stabilized and demand increased, leading to fluctuating prices of plasticizer DOP.

Raw material prices fluctuated and rose

According to the Commodity Market Analysis System of SunSirs, as of January 7th, the price of 2-EH was 8,033.33 RMB/ton, a fluctuating increase of 5.70% compared to the price of 7,600 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.

Market outlook

According to the plasticizer products data analyst of SunSirs, in terms of cost, the price of 2-EH has risen, the price of PA has fluctuated and stabilized, and the cost of plasticizer DOP has increased; In terms of demand, restocking and stocking up led to an increase in demand for plasticizers; On the supply side, plasticizer companies had high profits, were actively operating, and there was an oversupply of plasticizer companies. In the future, the price of raw material 2-EH will rise, and the cost of plasticizers will increase; In addition, with the double increase in supply and demand, it is expected that the price of plasticizer DOP will fluctuate and stabilize.

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