Price trend

According to the data monitoring of business agency, this week, the price of DOP fell, and the DOP market fell and stabilized. As of May 24, DOP price was 13300.00 yuan / ton, down 3.10% compared with that of 13.725.00 yuan / ton on May 16 last weekend; It fell 3.97% from the highest point of 13850.00 yuan / ton in May. DOP fell this week and stabilized.

Raw material is not supported

From the trend chart of isooctanol and phthalic anhydride prices, the prices of isooctanol and phthalic anhydride have stabilized after the high price drop this week, the cost of DOP raw materials has lost support, and the increasing rising power of the drop pressure of DOP in the future remains.

Market overview and future market expectation

Bai Jiaxin, an analyst with DOP data at business news agency, said raw material prices fell this week, DOP costs lost support and DOP prices fell. In the early stage, the price of isooctanol was high, which led to the decline of the start of DOP plant, the supply of DOP market was tight, and some factories were in line with delivery. With the price of isooctanol falling sharply, the price of DOP followed the decline, the end-user purchasing intention decreased, and downstream customers delayed the purchase. The customers who just needed to purchase were delayed from the beginning of the week (May 17) to about Friday, The short-term purchase increase supported a small rebound in DOP price. However, in the long run, octanol maintenance unit was restored to production, and the output was expected to increase. While the demand of downstream DOP has entered the traditional off-season, DOP lacks effective support in demand side in June. In the later market, the prices of raw materials isooctanol and phthalic anhydride fluctuated, DOP cost decreased, DOP cost lost support, demand, DOP entered the off-season, DOP demand was expected to decline, and DOP rose to support the decline. DOP is expected to stabilize next week, and then DOP prices are down.