View on DOP trend on June 8

On June 8, DOP price was temporarily stable

 

Polyglutamic acid

According to the data monitoring of the business club, the DOP price was temporarily stable on June 8, and the DOP market fell back. On June 8, the DOP price was 11987.50 yuan / ton, unchanged from the previous trading day’s DOP price of 11987.50 yuan / ton; The cost of DOP fell, and the DOP market was weak and stable for the time being.

 

Key points of analysis

 

The price of raw material isooctanol fell violently, the price of phthalic anhydride was strong and stable temporarily, and the cost of DOP fell weakly; Downstream plastic PVC prices tend to stabilize and demand is stable; The downward pressure of plasticizers increased and the upward momentum weakened.

 

Aftermarket expectation

 

The demand for falling costs is temporarily stable, the upward momentum of DOP is weakened, and the downward pressure is increased. It is expected that the future DOP price will fluctuate and fall.

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