SunSirs: The Price of 2-EH Rose and Then Fell back This Week

The price of 2-EH rose and then fell back this week

According to the Commodity Market Analysis System of SunSirs, as of February 17th, the price of 2-EH was 7,950 RM B/ton, a decrease of 0.83% from the price of 8,016.67 RMB/ton at the end of last week; Compared to the price of 2-EH AT 7,900 RMB/ton February 10th, it fluctuated and rose by, 0.63%. The price of 2-EH rose and then fell, while the cost of plasticizer DOP decreased; The post holiday replenishment has ended, and the demand for 2-EH has fallen. The upward support for 2-EH has weakened, and the downward pressure has increased.

Downstream plasticizer DOP prices fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of February 17th, the DOP price was 8,601.25 RMB/ton, a slight decrease of 0.29% compared to the DOP price of 8,626.25 RMB/ton on February 11th. The price of raw materials has fallen, and the cost of plasticizer DOP has decreased. After the Spring Festival, the replenishment of inventory has ended, and the demand for plasticizers has decreased. The demand support for cost reduction has weakened, and the downward pressure on plasticizers has increased.

Market outlook

According to the 2-EH products analyst of SunSirs, in the future, plasticizer companies will have average production after the holiday, resulting in a decrease in demand for plasticizers. After the holiday replenishment ends, the support for demand for 2-EH will weaken, and it is expected that the price of 2-EH will slightly fall in the future.

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