The price of plasticizer DOP fluctuated and fell this week
According to the Commodity Market Analysis System of the Business Society, as of September 20, the price of DOP was 11350 yuan/ton, a decrease of 2.02% compared to the price of 11584.17 yuan/ton on September 13. The prices of raw materials have decreased, the cost of plasticizers has decreased, and the stock preparation before the Double Festival has basically ended. The demand for plasticizers is weak, and the price of plasticizer DOP has fluctuated and decreased this week.
The price of isooctanol fluctuated and fell this week
According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on September 20th was 11860 yuan/ton, a decrease of 3.89% compared to the price of 12340 yuan/ton on September 13th. The construction of domestic isooctanol units has resumed, with sufficient supply of isooctanol and the basic end of dual saving stocking. Downstream procurement enthusiasm is average, and inventory of isooctanol has accumulated, causing prices of isooctanol to fluctuate and fall.
The market of raw material phthalic anhydride fluctuates and rises
According to the market analysis system for phthalic anhydride products of the Business Society, as of September 20th, the quotation for neighboring phthalic anhydride was 8850 yuan/ton, an increase of 2.02% compared to the price of 8675 yuan/ton on September 13th. Crude oil prices have fluctuated significantly, neighboring benzene prices have risen, raw material prices have increased, and the willingness to sell phthalic anhydride has increased. The price of phthalic anhydride has also increased, while downstream procurement enthusiasm is poor, and there is a significant resistance to high priced phthalic anhydride. In the future, the price of phthalic anhydride will remain stable.
Future expectations
Analysts from Business Society’s plasticizer product data believe that in terms of raw materials, the prices of isooctanol have fluctuated and fallen, while the prices of phthalic anhydride have risen weakly, resulting in a decrease in the DOP cost of plasticizer products; PVC prices have fluctuated and fallen, with poor purchasing enthusiasm for downstream PVC and weak demand for plasticizers. In the future, against the backdrop of weak supply and demand for plasticizers, there is insufficient demand support for cost reduction, and it is expected that the price of plasticizer DOP will fluctuate and fall.
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