Price trend

According to the data monitoring of SunSirs, the plasticizer DOP market weakened this week, and the price fluctuated and fell. As of August 31, the DOP price was 6,966.67 RMB/ton, which was a decrease of 0.48% from the DOP price of 7,000.00 RMB/ton at the previous weekend (August 23), which was a slight decrease of 5.43% year-on-year.

Analysis review

Upstream market of the industry chain

From the PA chart, it can be seen that the market for DOP raw material PA bottomed out this week, and the price of PA fluctuated up slightly by 0.99%. The cost of DOP increased and the momentum of DOP increased.

It can be seen from the 2-EH price chart that the 2-EH market fluctuated and fell in August, and the 2-EH market continued its downward trend this week. The 2-EH price fluctuated and fell by 1.18%. The cost of DOP fell, and the downward pressure on DOP increased.

Downstream market of the industry chain

It can be seen from the PVC price chart that in August, PVC prices fluctuated slightly, and the PVC market fluctuated to pick up; PVC prices fluctuated slightly this week, the PVC market weakened, and the plasticizer DOP increased momentum weakened and the downward pressure increased.

Market outlook

According to DOP data analysts of SunSirs, DOP raw material prices fluctuated and adjusted this week, PA prices bottomed out, rebounded slightly, and 2-EH prices fluctuated slightly, and overall DOP costs remained stable. In the downstream, the PVC market fell slightly, and PVC prices fell slightly. DOP's upward momentum weakened and downward pressure increased. Generally speaking, the downward pressure on the DOP market is greater and the upward momentum is weaker. Looking at the market outlook, the "Golden September" is imminent, and the PVC market has a greater momentum to rise, which is good for the DOP market. In terms of raw materials, the DOP cost is stable and the DOP bearish pressure is less. It is expected that the DOP market outlook will rebound.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.