Price comparison of octanol and DOP during May Day

From the price trend chart of ISO octanol and DOP, it can be seen that the price of ISO octanol has risen sharply since April, and the price of ISO octanol has risen sharply in May. During the May Day festival, the turnover of octanol was good, the price continued to rise, and the opening price of DOP products increased after the festival. As of May 7, the price of ISO octanol was 15800 yuan / ton, up 1600 yuan / ton or 11% from 14200 yuan / ton before May Day. As of May 7, the price of DOP was 13400 yuan / ton, up 925 yuan / ton or 7.41% from 12475 yuan / ton before the festival.

Isooctanol Market

Judging from the recent market of ISO octanol, there are many repair and production reduction devices in ISO octanol manufacturers, the overall supply of spot goods is tight, mainstream factories are queuing up to deliver goods, and the price is still expected to rise in the short term. While the profit margin of DOP is still profitable, the follow-up price is expected to follow the upward trend driven by cost.

Trend of demand side

It can be seen from the PVC trend chart that the price of PVC rises after the festival, and the opening price rises by another 200 yuan / ton, resulting in a sharp increase in the cost pressure of PVC manufacturers after the festival. However, before the May Day festival, PVC manufacturers have insufficient stock, some raw materials for orders have not been locked, DOP prices have risen sharply after the festival, PVC manufacturers’ purchasing enthusiasm has weakened, the market demand expectation is insufficient, the downward pressure of DOP has increased, and the rising power is limited.

Market summary and future expectation

Bai Jiaxin, DOP data analyst of business society, believes that during the May Day period, the turnover of ISO octanol was positive, the price of ISO octanol rose sharply, the cost of DOP rose, the profit of DOP declined seriously, the pressure of rising increased, the price of PVC rose slightly after the festival, the enthusiasm of PVC manufacturers for DOP purchasing weakened, and the demand expectation for future market fell. Generally speaking, the DOP cost rises sharply in the future, the demand is limited, the DOP rising power increases, and the downward pressure still exists. It is expected that the DOP price will rise in the future, but the rising trend will slow down.