SunSirs: DOP Prices Had Fluctuated and Risen This Week

This week, the price of plasticizer DOP fluctuated and rose

According to the Commodity Market Analysis System of SunSirs, as of November 18th, the DOP price was 9,438.75 RMB/ton, a fluctuating increase of 2.16% compared to the DOP price of 9,238.75 RMB/ton on November 10th. The demand for plasticizer DOP was stable, and the price of plasticizer DOP fluctuated and rose. The operating rate of downstream plasticizer enterprises was stable, and the off-season for downstream PVC was approaching. The demand for plasticizers had fallen, and the high price of plasticizer DOP had fallen.

Downstream demand declined

Entering the second half of the year, downstream PVC product companies were gradually experiencing a decline in production. As entered November, which was traditionally the off-season in the market, downstream PVC production was expected to decrease. As the weather in the north gradually turned colder, demand was weakening; The downstream market had fallen, and the downward pressure on plasticizers had increased.

The cost of raw materials fluctuated and rose

According to the Commodity Market Analysis System of SunSirs, as of November 18th, the price of 2-EH was 9,633.33 RMB/ton, a fluctuating increase of 3.96% compared to the price of 9,266.67 RMB/ton on November 10th. This week, the operating load of 2-EH enterprises decreased, the supply of 2-EH decreased, and the price of 2-EH fluctuated and rose. The supply of 2-EH had decreased and demand had remained stable. The market support for 2-EH still existed, and the price of 2-EH had fluctuated and risen. The cost of plasticizers had increased, and the price of plasticizer DOP had fluctuated and risen.

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 fluctuated and stabilized, and the cost of plasticizer DOP had increased; In terms of demand, the off-season wasa approaching, and downstream production and inventory were expected to decrease, leading to a decline in demand for plasticizers. In the future, as the supply of 2-EH recovers, raw material prices fluctuate and fall, the expected cost of plasticizers decreases, and the downward pressure on 2-EH increases; The off-season is approaching, and demand expectations are decreasing, leading to a decrease in costs and weak demand. It is expected that the price of plasticizer DOP will weakly decline in the future.

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