This week, the price of plasticizer DOP fluctuated and rose

According to the Commodity Market Analysis System of Shengyi Society, as of March 25th, the DOP price was 8126.25 yuan/ton, which first increased and then decreased by 0.15% compared to the DOP price of 8113.75 yuan/ton on March 14th. The increase in production of plasticizer DOP enterprises has led to an increase in plasticizer output and supply; The price of phthalic anhydride has risen significantly, while the price of isooctanol first rose and then fell. The cost support of plasticizer DOP has increased, and the upward support of plasticizers has increased the downward pressure.

This week, the price of raw material isooctanol first rose and then fell

According to the Commodity Market Analysis System of Shengyi Society, as of March 25th, the price of isooctanol was 7516.67 yuan/ton, an increase of 0.67% compared to the price of 7466.67 yuan/ton on March 14th. There is a significant increase in production capacity of isooctanol, with high equipment start-up rates in isooctanol enterprises and sufficient supply from isooctanol manufacturers; Plasticizer manufacturers are operating at high levels, with increasing demand for isooctanol. The downward pressure on isooctanol has weakened, and the upward support still exists. The cost support for plasticizer DOP still exists.

According to the Commodity Market Analysis System of Shengyi Society, as of March 25th, the price of phthalic anhydride in neighboring countries was 7600 yuan/ton, which fluctuated and increased by 6.85% compared to the price of 7112.50 yuan/ton on March 14th. Multiple phthalic anhydride manufacturers have stopped for maintenance, resulting in a decrease in equipment operating load and low inventory of phthalic anhydride; The price of industrial naphthalene has risen, the maintenance of adjacent benzene units has been advanced, the supply of adjacent benzene has decreased, and the support for the rise of adjacent benzene has increased. The price of adjacent benzene is strong and temporarily stable, and the cost of raw materials is strongly adjusted. The decrease in supply provides cost support, while the increase in phthalic anhydride prices increases support.

Future expectations

According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol first rose and then fell, the price of phthalic anhydride rose sharply, and the cost of plasticizer DOP increased; In terms of demand, downstream production is slowly recovering, and the demand for plasticizers is decreasing; On the supply side, the operating load of DOP enterprises has increased, leading to an increase in DOP supply. In the future, with rising costs and increased supply, coupled with weak demand for plasticizers, it is expected that the price of plasticizer DOP will remain strong and stabilize.