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SunSirs: Raw Material Prices Fell, and DOP Prices Fluctuated and Fell This Week

January 15 2025 10:29:30     SunSirs (John)

This week, the price of plasticizer DOP fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of January 13th, the DOP price was 8,401.25 RMB/ton, a fluctuating decrease of 1.32% compared to the DOP price of 8,513.75 RMB/ton on January 6th. The profit margin of plasticizer DOP WAs high, plasticizer enterprises were actively operating, downstream plasticizer enterprises had high operating rates, and plasticizer supply was sufficient. After the New Year's Day holiday, the replenishment of inventory has ended, and the demand for plasticizers has slightly decreased. The price of raw material 2-EH has fallen, and the cost of plasticizers has decreased.

The price of raw material 2-EH fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of January 13th, the price of 2-EH was 7,633.33 RMB/ton, a fluctuating decrease of 3.78% compared to the price of 7,933.33 RMB/ton on January 6th. The construction of new equipment has been stable. This week, the equipment of 2-EH enterprises started at a high level, and the supply of 2-EH increased. After the New Year's Day holiday, the replenishment of inventory ended, and the demand for 2-EH decreased. The increase in 2-EH supply and demand decreased, and the price of 2-EH fluctuated and fell this week.

Market outlook

According to the plasticizer products data analyst of SunSirs, in terms of cost, the price of 2-EH has fluctuated and fallen, the price of PA has risen sharply, and the cost of plasticizer DOP has decreased; In terms of demand, the replenishment of inventory has ended and the demand for plasticizers has decreased; On the supply side, the construction of new equipment for plasticizers has led to high profits for plasticizer companies, active production by plasticizer companies, and an oversupply of plasticizers. For the future market, stocking up during the Spring Festival is expected to increase the demand for raw materials such as 2-EH and plasticizers, and the cost support for plasticizers still exists; Supply increases and demand decreases, and it is expected that the price of plasticizer DOP will consolidate strongly.

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