DOP prices fell from high differences

According to the data monitoring of the business agency, DOP prices rose first and then fell this week. Since August 8, there have been large differences between long and short DOP prices, DOP prices have been adjusted in waves, and the overall DOP prices have fallen at a high level. As of August 19, the DOP price was 14900.00 yuan / ton, down 4.64% from 15625.00 yuan / ton on August 8. The cost of DOP raw materials has been divided between long and short, and the high price of DOP has dropped.

Long and short differences in raw material prices continued

It can be seen from the isooctanol price trend chart that there were large differences between long and short positions in the isooctanol market in August. The isooctanol price first fell, then rebounded, rose and then fell, the DOP cost decreased, and the DOP market profit was around the cost line. Recently, the equipment maintenance of isooctanol manufacturers still exists, the market supply is insufficient, the market is long and short, and the market rise and fall are quite different. However, the overall isooctanol units have been started one after another, and the price of isooctanol fluctuated and fell slightly. Overall, the cost of DOP decreased in the future, and there was great downward pressure on DOP.

The downstream market rebounded and warmed up

As can be seen from the PVC price trend chart, the PVC market rebounded and warmed up in August, the PVC price fluctuated slightly, and the downstream demand of DOP warmed up, but the overall demand was still cold, and the upward momentum of DOP increased.

Market overview and future expectations

Bai Jiaxin, DOP data analyst of business agency, believes that the long and short differences in DOP raw material isooctanol market continue, the price of isooctanol fluctuates and falls, the cost of DOP decreases, and the downward pressure of DOP increases. The downstream PVC market recovered slightly, which was good for the DOP market, but the overall DOP demand was still average, and the upward momentum of DOP was limited. In the future, the upward momentum of DOP market still exists, and the downward pressure increases. It is expected that DOP price will fluctuate slightly.