This week, the price of plasticizer DOP fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of September 22, the DOP price was 7450.84 yuan/ton, a fluctuating decrease of 0.78% compared to the DOP price of 7509.16 yuan/ton on September 15. DOP prices have fluctuated and fallen, leading to high levels of consolidation in the operating load of DOP enterprises and an increase in DOP supply; The raw material isooctanol fluctuated and fell, the price of phthalic anhydride fluctuated and fell, the cost of DOP decreased, and the downward pressure on DOP weakened; Downstream demand is unlikely to improve, with mediocre intentions for DOP procurement inquiries and weak DOP demand transactions. The cost has decreased, and the price of plasticizers has fluctuated and fallen.
This week, the price of raw material isooctanol fluctuated and fell
According to the Commodity Market Analysis System of Shengyi Society, as of September 22, the price of isooctanol was 6983.33 yuan/ton, a fluctuating decrease of 0.95% compared to the price of 7050 yuan/ton on September 14. This week, the isooctanol enterprise equipment remained stable at a high level, and the operating rate of isooctanol equipment remained stable at 96%. The production capacity of isooctanol increased, and the supply of isooctanol increased; This week, the price of isooctanol fluctuated and fell, the cost of plasticizers decreased, and the downward pressure on DOP increased.
This week, the price of raw material phthalic anhydride remained weak and consolidated
According to the Commodity Market Analysis System of Shengyi Society, as of September 22, the quoted price of phthalic anhydride was 6293.33 yuan/ton, a slight decrease of 0.11% from the price of 6300 yuan/ton on September 15. The price of phthalic anhydride is temporarily stable, the price of industrial naphthalene is fluctuating and stabilizing, and the cost support of phthalic anhydride still exists. This week, the load of phthalic anhydride equipment has fallen, the operating rate of phthalic anhydride enterprises has decreased, the supply of phthalic anhydride has decreased, the price of phthalic anhydride has fallen, and the cost of plasticizers has decreased. The downward pressure on the price of plasticizer DOP has increased this week.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has fluctuated and fallen, while the price of phthalic anhydride has remained weak and consolidated. The downward pressure on the cost of plasticizer DOP still exists; In terms of supply, the operating rate of plasticizer enterprises is stabilizing at a high level, the production of plasticizers is increasing, and the supply of plasticizers is sufficient; In terms of demand, the overall economy is sluggish, coupled with anti competitive competition and the elimination of outdated production capacity, resulting in weak downstream demand. In the future, with strong supply and weak demand coupled with weakened cost support, it is expected that the price of plasticizer DOP will fluctuate and fall.