SunSirs: Supply recovery, 2-EH Prices Fluctuated and Fell This Week

The price of 2-EH had fallen this week                                                

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 increased, the supply of 2-EH increased, and the price of 2-EH has 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 supply of 2-EH increased

The operating load of 2-EH enterprises has increased, and the supply of 2-EH has increased. Lihuayi Enterprise's 2-EH equipment has been restored, and the supply of 2-EH in the market has increased, weakening the support for the rise of 2-EH.

Downstream plasticizer DOP prices 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 demand for 2-EH for plasticizers was average. The demand support for 2-EH had weakened.

Market outlook

The 2-EH product data analyst of SunSirs believes that as the operating load of 2-EH enterprises increased, the supply of 2-EH also increased, and the support for the rise of 2-EH weakened; Downstream plasticizer manufacturers temporarily stabilized their production, while demand for 2-EH was sluggish. In the future, the supply of 2-EH is sufficient, but the demand is cold, the price of 2-EH will decline.

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