The price of plasticizer DOP fluctuated and fell in February

According to the Commodity Market Analysis System of SunSirs, as of February 28th, the DOP price was 8,326.25 RMB/ton, which first increased and then decreased by 2.92% compared to the DOP price of 8,576.25 RMB/ton on February 1st. After the holiday, there was a brief increase in demand for DOP plasticizers, but as the replenishment ended, the demand for plasticizers decreased; The production of plasticizer DOP enterprises has fallen, and the supply of plasticizer DOP has tightened; The price of PA fluctuated and fell, while the price of 2-EH first rose and then fell. The cost of plasticizer DOP decreased, and the downward pressure on plasticizers increased.

The price of raw material 2-EH first rose and then fell in February

According to the Commodity Market Analysis System of SunSirs, as of February 28th, the price of 2-EH was 7,666.67 RMB/ton, which first increased and then decreased by 1.71% compared to the price of 7,800 RMB/ton on February 1st; Compared to the price of8016.67 RMB/ton on February 15th, the price of 2-EH decreased by 4.37%. The price of 2-EH has fluctuated and fallen, while the cost of plasticizer DOP has decreased; After the holiday, plasticizer companies temporarily replenished their inventory, and the demand for 2-EH increased first and then decreased, increasing the downward pressure on 2-EH.

Demand for plasticizers decreased in February

After the Spring Festival, downstream inventory replenishment led to a brief increase in demand for plasticizers; With the end of inventory replenishment, the demand for plasticizers has fallen, and coupled with the slow start of terminal demand, the demand for plasticizers was weak. The plasticizer industry was facing a certain degree of pressure to block inventory, and unsaturated resins and other downstream industries were also facing problems such as slow terminal pickup and insufficient consumption. The growth of plasticizer demand was slow, and the support for plasticizer rise was insufficient; Plasticizer companies were operating at a low level, and the supply of plasticizers is tight.

Market outlook

According to the plasticizer products 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 replenishment of inventory has ended, coupled with slow recovery of downstream production, resulting in a decrease in demand for plasticizers. In the future, with the decrease in costs and the tightening of supply and weak demand for plasticizers, it is expected that the price of DOP plasticizers will fluctuate and fall.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.