Price trend

According to the data monitoring of the business community, after the crazy rise of DOP price after the festival, the DOP market lost its support at the end of February, the plasticizer DOP price fell sharply, the industrial chain support was insufficient, and the DOP price fell back. As of March 5, the DOP price was 13175.00 yuan / ton, down 7.05% compared with 14175 yuan / ton on February 25. Support is no longer, DOP market cliff type fall.

Isooctanol tends to stabilize

It can be seen from the price trend chart of isooctanol that the price of isooctanol rose sharply after the festival, then the rising trend of isooctanol slowed down, and the price of isooctanol fell on the 25th. The sharp rise in the price of ISO octanol led to the rise of DOP price, and then the price of ISO octanol fell, the cost of DOP raw materials fell, DOP lost its support for the rise, the price of DOP fell precipitously, the rising power of DOP weakened, and the downward pressure increased.

Phthalic anhydride tends to be stable

From the trend chart of phthalic anhydride, it can be seen that the price of phthalic anhydride rose sharply after the festival, and became stable after the 23rd. Since March, the price of phthalic anhydride has continued to fall, the cost of raw material phthalic anhydride of DOP has continued to decline, and the cost of DOP has decreased. The downward pressure of DOP in the future has increased, and the rising power has weakened.

Downstream market of industrial chain

It can be seen from the PVC price trend chart that since February, the PVC price rose slightly, and the PVC market followed the surge after the festival. However, after February 25, the PVC price continued to fall, the downstream demand declined, and the downstream customers were mainly just needed. Affected by the surge of DOP price, PVC had a strong resistance to high price DOP, the downstream market was weak, and the positive and negative pressure of plasticizer DOP market weakened.

Market summary and future expectation

Bai Jiaxin, a DOP data analyst of business news agency, believes that the soaring DOP market after the festival has increased the cost pressure on downstream customers, and the downstream customers are more resistant to high DOP. Since the end of February, the prices of isooctanol and phthalic anhydride have been falling, the cost of DOP has been falling, the DOP market has lost its support, the DOP market has continued to fall, and the DOP price has fallen sharply. In the future, DOP operation rate remains low, DOP supply decreases, raw material downward trend still exists, DOP cost expectation declines, PVC market expectation weakens and has strong resistance to high price DOP, DOP demand declines, DOP rise loses support, DOP price still falls in the future.