This week, the price of plasticizer DOP fluctuated and fell
According to the Commodity Market Analysis System of Shengyi Society, as of July 14th, the DOP price was 8084.17 yuan/ton, a fluctuating decrease of 2.12% compared to the DOP price of 8259.17 yuan/ton on July 7th. This week, DOP production has decreased, and the operating rate of the plasticizer DOP industry has dropped to around 40%. Plasticizer production has also decreased, and plasticizer prices have fluctuated and fallen. The price of raw material isooctanol fluctuated and fell, while the price of phthalic anhydride remained weak and consolidated. The cost support for plasticizers weakened, and the supply decreased, resulting in a decrease in costs. As a result, the price of plasticizers fluctuated and fell.
This week, the price of raw material isooctanol fluctuated and fell
According to the Commodity Market Analysis System of Shengyi Society, as of July 14th, the price of isooctanol was 7550 yuan/ton, a fluctuating decrease of 2.37% compared to the price of 7733.33 yuan/ton on July 7th. This week, the price of isooctanol fluctuated and fell. The isooctanol enterprise equipment resumed this week, the operating rate of isooctanol equipment increased, the production of isooctanol increased, and the supply of isooctanol increased; As supply increases and demand decreases, the price of isooctanol fluctuates and falls.
This week, the price of raw material phthalic anhydride is weak and stabilizing
According to the Commodity Market Analysis System of Shengyi Society, as of July 14th, the price of phthalic anhydride in neighboring countries was 6800 yuan/ton, which fluctuated and fell by 0.24% compared to the price of 6816.67 yuan/ton on July 7th. This week, the price of ortho benzene has stabilized, the price of industrial naphthalene has fluctuated and stabilized, and the cost support of phthalic anhydride still exists. The maintenance of phthalic anhydride equipment has increased this week, the operating rate of phthalic anhydride enterprises has decreased, the supply of phthalic anhydride has decreased, and the downstream plasticizer market has fluctuated and fallen. The operating load of plasticizer enterprise equipment has decreased, and the demand support for phthalic anhydride has weakened. Supply has decreased and demand has weakened, resulting in weak consolidation of phthalic anhydride prices 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 weakened and stabilized, and the cost support of plasticizer DOP has weakened; On the supply side, plasticizer enterprises have seen a decrease in production, a reduction in plasticizer output, and a decrease in plasticizer supply. Overall, the reduction in supply leads to a decrease in costs, and it is expected that the price of plasticizer DOP will fluctuate and fall in the future.