This week’s weak DOP price decreases

According to the data monitoring of the business community, as of December 9, the DOP price was 9761 yuan/ton, down 2.19% from 9980 yuan/ton on December 1. In December, the price of raw materials fell, the cost of DOP fell, the price of DOP fell in shock, and the weak market of DOP fell.

The price of raw material isooctanol was weak and fell in shock

According to the price monitoring of the business community, as of December 9, the price of isooctanol was 9133.33 yuan/ton, down 1.08% from 9233.33 yuan/ton on December 1. The start of isooctanol was adjusted by shocks, the demand for plasticizers was sluggish, the price of isooctanol was weak, and the cost of DOP was reduced.

The price of raw material phthalic anhydride fell sharply

According to the price monitoring of the business community, as of December 9, the quotation of phthalic anhydride by o-benzene method was 8150 yuan/ton, down 4.68% from the price of 9550 yuan/ton on December 1. The price of ortho phthalic anhydride dropped, the operating rate of ortho phthalic anhydride increased, the supply of phthalic anhydride increased, the price of ortho phthalic anhydride dropped significantly, and the cost of DOP decreased.

Future market expectation

According to the DOP data analysts of the business agency, since December, the prices of raw materials, such as isooctanol and phthalic anhydride, have dropped sharply, the cost of DOP has declined, and the downward pressure on DOP has increased. In the future, the demand for DOP cost reduction is still weak, and it is expected that the DOP price will be weak in the future.

In November, DOTP prices fell in shock

According to the data monitoring of the business community, as of November 30, the average price of DOTP was 9850 yuan/ton, down 1.87% from the average price of 10037.50 yuan/ton on November 1. The cost fell and the demand was weak, and DOTP fell in November.

The price of raw materials fell in November

According to the data of the business association; As of November 30, the price of isooctanol was 9166.67 yuan/ton, down 0.36% from 9200 yuan/ton on November 1. Affected by the frequent outbreaks of the epidemic, isooctanol started to adjust, the demand for plasticizers was low, and the price of isooctanol was weak.

According to the data of the business community, as of November 30, the PTA price was 5511.67 yuan/ton, down 3.09% from 5687.50 yuan/ton on November 1. The international crude oil price fell sharply, the PTA cost fell, the supply and demand of PTA were relatively balanced, the PTA price fell sharply, and the downward pressure on DOTP increased.

The output of plastic products declined month on month

According to the data released by the National Bureau of Statistics, the output of plastic products in October was 6.685 million tons, down 3.7% year on year, and the output in September was 6.92 million tons month on month. The output of plastic products fell both month on month, the demand for plasticizers decreased, and the downward pressure on plasticizers increased.

Future market expectation

Analysts of DOTP data from the business association believed that in November, the price of plasticizer DOTP raw materials, isooctanol and PTA, was adjusted by shocks, and the cost of plasticizer DOTP raw materials decreased; The output of plastic products declined, the demand was weak, and the downward pressure on DOTP increased. On the whole, the demand for DOTP cost reduction is weak, and it is expected that DOTP shocks will become stable in the future, and weak shocks will be adjusted.

According to the monitoring data of the business community, the average market price of the manufacturers of petroleum asphalt in Shandong Province on December 6 was 3510 yuan/ton, down 0.69% from the previous working day and up 12.34% year on year. On December 6, the main asphalt contract 2301 closed at 3364 yuan/ton, down 3.94%.

International oil prices closed down after rising, which was bad for the entire oil industry chain. In terms of spot goods, the asphalt price of Sinopec Refinery, a major producer, decreased by 50-250 yuan/ton, driving the domestic asphalt price down continuously. In terms of demand, the downstream mainly purchases on demand, and the actual trading atmosphere is ordinary, mainly low-end deals.

Short term spot asphalt prices remain weak.

1、 Price trend

As can be seen from the figure above, the domestic market of imported potassium chloride rose slightly this week, with the price rising from 3866.67 yuan/ton at the weekend to 3883.33 yuan/ton at the weekend, up 0.43%. The arrival price of potassium chloride in domestic salt lakes this week is 3500-3600 yuan/ton. On December 4, the potassium chloride (import) commodity index was 102.19, unchanged from yesterday, 29.40% lower than the cycle’s highest point of 144.74 (2022-06-21), and 5.67% higher than the lowest point of 96.71 on September 16, 2021. (Note: Period refers to 2021-09-01 to now)

2、 Market analysis

This week, the quotation of domestic mainstream potassium chloride manufacturers rose slightly: the arrival price of 60% potassium chloride in Qinghai Salt Lake was 3500-3600 yuan/ton. Xiangyang Youdeshi’s potassium chloride dealer quoted 3800 yuan/ton this weekend, which was temporarily stable compared with last weekend. Zibo Dehe’s potassium chloride dealer quoted 4000 yuan/ton this weekend, up 50 yuan/ton compared with last weekend. Anhui Badou’s potassium chloride dealer quoted 3850 yuan/ton this weekend, which was temporarily stable compared with last weekend. The self raised price of 62% white potassium at the port is about 3700 yuan/ton. The self raised price of 60% Dahong granules at the port is about 3800-4000 yuan/ton. 62% of Russian white potassium in border trade is about 3500-3600 yuan/ton.

From the perspective of the downstream market of potassium chloride, the factory price of potassium carbonate was adjusted at a low level this week, at 9225.00 yuan/ton, a year-on-year increase of 13.42%. This week, the factory price of potassium nitrate was adjusted at a low level, at 5875.00 yuan/ton, down 0.42% year on year. On the whole, the downstream market of potassium chloride was consolidated at a low level, and the downstream customers’ demand for potassium chloride was average.

3、 Future market forecast

In the middle and late December, the overall trend of potassium chloride market was dominated by narrow shocks. The price of potassium chloride in Salt Lake and Zangger was adjusted at a low level. The downstream market of potassium chloride was consolidated at a low level. The downstream demand was general, and the procurement was mainly just needed. International potash fertilizer prices fell slightly. Potassium chloride analysts from the business community believe that the domestic potassium chloride import price may fall slightly in the short term.

According to the monitoring of the business community, the price of activated carbon was 10700 yuan/ton at the beginning of this week, and 10800 yuan/ton at the end of this week, down 0.62%.

The atmosphere of the domestic activated carbon market is cold. At present, the factory price of activated carbon for coconut shell water purification in East China is between 9500-12500 yuan/ton. Most of the manufacturers’ quotations are stable, and some are high. The market quotations have increased, and the transaction is fair. Focus on the market transaction.

Activated carbon raw materials are rich in sources, including coal, wood chips, fruit shells, straw, etc. Activated carbon suitable for water treatment has been prepared through a series of processes. At the same time, activated carbon manufacturers are constantly improving the performance of activated carbon, increasing its working capacity, and can effectively adsorb and purify wastewater.

Forecast: The market quotation of activated carbon is confused. Please contact the manufacturer for specific price, mainly for negotiation. It is expected that in the short term, the price of activated carbon will tend to be volatile and weak.