This week, the price of 2-EH fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of January 13th, the price of 2-EH was 7,633.33 RMB/ton, a fluctuating decrease of 3.78% compared to the price of 7,933.33 RMB/ton on January 6th. The construction of new equipment has been stable. This week, the equipment of 2-EH enterprises started at a high level, and the supply of 2-EH increased. After the New Year's Day holiday, the replenishment of inventory ended, and the demand for 2-EH decreased. The increase in 2-EH supply and demand decreased, and the price of 2-EH fluctuated and fell this week.

This week, the supply of 2-EH increased while the demand decreased

This week, 2-EH enterprises started operating at a high level, coupled with the continuous production of 2-EH capacity, resulting in an increase in 2-EH supply. After the holiday, downstream manufacturers have completed their inventory replenishment, resulting in a decrease in demand for 2-EH and an increase in downward pressure on its price.

Downstream plasticizer DOP prices fluctuated and fell this week

According to the Commodity Market Analysis System of SunSirs, as of January 13th, the DOP price was 8,401.25 RMB/ton, a fluctuating decrease of 1.32% compared to the DOP price of 8,513.75 RMB/ton on January 6th. 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 end of the New Year's Day holiday, the replenishment of inventory has ended, and the demand for plasticizers has slightly fallen, while the support for the demand for raw material 2-EH has weakened.

Market outlook

According to the 2-EH data analyst of SunSirs, this week's high equipment start-up of 2-EH enterprises, coupled with the production of new capacity, has eased the supply shortage of 2-EH and increased its supply; High profits, active downstream production, and the end of post holiday inventory replenishment have weakened the support for 2-EH demand. In the future, the supply shortage of 2-EH has been alleviated, and stocking up before the Spring Festival has provided strong demand support. It is expected that the price of 2-EH will consolidate strongly in the future.

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