DOP prices fell slightly this week
| Polyglutamic acid |
According to the data monitoring of the business agency, the DOP price fell slightly in April, and the DOP market fell back. As of April 8, the DOP price was 12250 yuan / ton, down 0.41% from 12300 yuan / ton on April 1 at the beginning of the month. The market of plasticizer industry chain is weak, and the price of plasticizer DOP is weak to maintain stability.
The price of isooctanol fluctuated and stabilized
According to the price monitoring of business society, the domestic isooctanol market fluctuated and adjusted in April, and the overall isooctanol price stabilized. Affected by the epidemic, the transportation of isooctanol enterprises is limited, the terminal demand is poor, and the overall isooctanol market is relatively stable. The price of isooctanol is stable, the cost of DOP is stable, the upward momentum of DOP is weakened, and the downward pressure remains.
Phthalic anhydride prices fell
According to the price monitoring of business society, the price of phthalic anhydride fluctuated and fell in April. As of April 8, the price of phthalic anhydride was 8500.00 yuan / ton, down 2.72% from 8737.50 yuan / ton on April 1 at the beginning of the month. In April, the price of raw material phthalic anhydride fell sharply, the cost of phthalic anhydride fell, the impact of the epidemic, the operation of downstream plasticizer manufacturers fell, the demand for phthalic anhydride was insufficient, and the price of phthalic anhydride fell. The cost of DOP raw materials decreased, the support of DOP rise weakened, and the downward pressure increased.
Future expectations
DOP data analysts of business agency believe that due to the impact of the epidemic, the start of plasticizer industry chain has declined, and the overall supply and demand are both weak; The prices of isooctanol and phthalic anhydride fell, the cost of DOP raw materials fell, the upward momentum of DOP weakened, and the downward pressure remained. In the future, the supply and demand of plasticizer industry chain are both weak, and DOP price shock is expected to stabilize.
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