SunSirs: The Cost of Raw Materials Had decreased, and DOP Prices Fluctuated and Fallen This Week

This week, the price of plasticizer DOP fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of November 22, the DOP price was 9,201.25 RMB/ton, a fluctuating decrease of 3.28% compared to the DOP price of 9,513.75 RMB/ton on November 15. The demand for plasticizer DOP was average, and the price of plasticizer DOP fluctuated and fell. The operating rate of downstream plasticizer enterprises was stable, and the supply of plasticizers was sufficient. The price of 2-EH had fallen, and the cost of plasticizer DOP had decreased; The downstream PVC off-season was approaching, and the demand for plasticizers was falling, causing the price of plasticizer DOP to fluctuate and fall.

Downstream demand declined

Downstream PVC product enterprises were gradually experiencing a decline in production, and as entered November, the traditional off-season in the market, downstream PVC production is expected to decrease. As the weather in the north gradually turns cold, demand was weak; The downstream market was declining, and the downward pressure on plasticizers was increasing.

The cost of raw materials fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of November 22, the price of 2-EH was 9,166.67 RMB/ton, a fluctuating decrease of 5.82% compared to the price of 9,733.33 RMB/ton on November 15. This week, the operating load of 2-EH enterprises had increased, the supply of 2-EH had increased, and the price of 2-EH had fluctuated and fallen. The increase in supply and demand for 2-EH was average, and the support for the 2-EH market had weakened, resulting in a fluctuating decline in 2-EH prices. The cost had decreased, and the downward pressure of plasticizer DOP had increased.

Market outlook

According to the plasticizer products data analyst of SunSirs, in terms of cost, the price of 2-EH had fluctuated and fallen, the price of PA had fluctuated and fallen, and the cost of plasticizer DOP had decreased; In terms of demand, the off-season was approaching, and downstream production and inventory were expected to decrease, leading to a decline in demand for plasticizers. In the future, the prices of raw materials will fluctuate and fall, the cost of plasticizers will decrease, and the downward pressure of 2-EH will increase; The off-season is approaching, and demand expectations are decreasing, resulting in cost reduction and weak demand. It is expected that the price of plasticizer DOP will fluctuate and fall in the future.

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