This week, the price of plasticizer DOP fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of January 13th, the DOP price was 8401.25 yuan/ton, a fluctuating decrease of 1.32% compared to the DOP price of 8513.75 yuan/ton on January 6th. The profit margin of plasticizer DOP is high, plasticizer enterprises are actively operating, downstream plasticizer enterprises have high operating rates, and plasticizer supply is sufficient. After the New Year’s Day holiday, the replenishment of inventory has ended, and the demand for plasticizers has slightly decreased. The price of raw material isooctanol has fallen, and the cost of plasticizers has decreased.

The price of raw material isooctanol fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of January 13th, the price of isooctanol was 7633.33 yuan/ton, a fluctuating decrease of 3.78% compared to the price of 7933.33 yuan/ton on January 6th. The construction of new equipment has been stable. This week, the equipment of isooctanol enterprises started at a high level, and the supply of isooctanol increased. After the New Year’s Day holiday, the replenishment of inventory ended, and the demand for isooctanol decreased. The increase in isooctanol supply and demand decreased, and the price of isooctanol fluctuated and fell this week.

Future expectations

According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has fluctuated and fallen, the price of phthalic anhydride has risen sharply, and the cost of plasticizer DOP has decreased; In terms of demand, the replenishment of inventory has ended and the demand for plasticizers has decreased; On the supply side, the construction of new equipment for plasticizers has led to high profits for plasticizer companies, active production by plasticizer companies, and an oversupply of plasticizers. For the future market, stocking up during the Spring Festival is expected to increase the demand for raw materials such as isooctanol and plasticizers, and the cost support for plasticizers still exists; Supply increases and demand decreases, and it is expected that the price of plasticizer DOP will consolidate strongly.