DOP prices rose slowly this week

According to the data monitoring of the business agency, DOP prices rose slowly this week and the DOP market adjusted strongly. As of May 20, the DOP price was 12000 yuan / ton, up 1.16% from 11862.50 yuan / ton on May 13 last weekend; Compared with the DOP price of 11775 yuan / ton on May 1 at the beginning of the month, an increase of 1.91%. The cost pressure is high, the demand for plasticizer has not changed significantly, plasticizer enterprises reduce production to avoid risks, and the price of plasticizer DOP has been strongly adjusted.

Isooctanol prices stopped falling and rebounded

 
The price of isooctanol rebounded by 1270.00 yuan / ton in May compared with the domestic price of isooctanol on May 13, and the overall price of isooctanol rebounded by 1270.00 yuan / may, which was lower than that of isooctanol on May 26. This week, the price of isooctanol stopped falling and warmed up. The equipment of some isooctanol enterprises was overhauled, the supply of isooctanol decreased, and the price of isooctanol stopped falling and rose. The cost pressure of DOP market is large, and the rising power of DOP is large.

The price of phthalic anhydride stopped falling and rose this week

According to the price monitoring of the business community, the phthalic anhydride market stopped falling and warmed up this week, and the phthalic anhydride price fluctuated and rose. As of May 20, the phthalic anhydride price was 8087.50 yuan / ton, up 0.47% from the phthalic anhydride price of 8050 yuan / ton on May 13; The price of phthalic anhydride decreased by 0.61% from 8137.50 yuan / ton on May 1. This week, the price of phthalic anhydride stopped falling and warmed up, the operation of downstream plasticizer manufacturers decreased, the demand for phthalic anhydride was general, and the price of phthalic anhydride fluctuated and warmed up. The cost of DOP raw materials rose, the downward pressure on DOP prices weakened, and the upward momentum increased.

Future expectations

According to DOP data analysts of business agency, the demand of downstream enterprises is insufficient this week, the production reduction of enterprises increases, the price of isooctanol stops falling and rebounds, the price of phthalic anhydride stops falling and warms up, the cost of plasticizer DOP rises, and the price of DOP rises; The downstream start-up slowly warmed up, the downstream demand of DOP warmed up, the downward pressure of DOP was weak, and the price of DOP stabilized. In the future, the pressure on raw materials still exists, the recovery of future demand is slow, the downward pressure on DOP still exists, and the upward driving force is increased. It is expected that the price of DOP will fluctuate and adjust strongly in the future.