Cost support: DOP prices rose first and then fell this week

The price of plasticizer DOP rose first and then fell this week

 

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According to the Commodity Market Analysis System of Shengyishe, as of January 12th, the price of DOP was 12120 yuan/ton, which increased and then decreased from the price of 12058.33 yuan/ton on January 5th, with an increase of 0.51%. The cost support for plasticizer DOP has weakened, with DOP prices rising first and then falling this week.

 

The price of isooctanol rose first and then fell this week

 

According to the Commodity Market Analysis System of Shengyi Society, as of January 12th, the quotation for isooctanol was 13000 yuan/ton, which increased and then decreased compared to the quotation of 12962.50 yuan/ton on January 5th, with an increase of 0.29%; Compared to the price of 13050 yuan/ton on January 10th, the price of isooctanol has decreased by 0.38%. This week, the production of downstream plasticizers has stabilized, and large plasticizer manufacturers are in urgent need of procurement. The transaction volume of isooctanol has weakened, and the high price support of isooctanol is insufficient. The price of isooctanol has stopped rising and fallen, and the support for the rise of raw materials has weakened. The downward pressure on DOP has increased.

 

The price of phthalic anhydride fluctuates and falls

 

According to the Commodity Market Analysis System of Shengyishe, as of January 12th, the quotation for phthalic anhydride was 7575 yuan/ton, a decrease of 1.46% from the price of 7687.50 yuan/ton on January 5th. After the holiday, downstream demand for phthalic anhydride procurement has been hindered by high-end phthalic anhydride, resulting in a decrease in phthalic anhydride prices, a decline in phthalic anhydride market, and a decrease in DOP costs.

 

Future expectations

 

Business Society plasticizer product data analysts believe that this week, the raw material isooctanol rose first and then fell, the phthalic anhydride market fell, and the cost support for plasticizer DOP weakened. In addition, the operating load of plasticizer factories stabilized this week, and the support for plasticizer price increases weakened. In the future, the cost support for stable supply is weakened, and the support for rising DOP is weakened. It is expected that the price of DOP will be mainly weak and consolidating in the future.

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