This week, the price of plasticizer DOP fluctuated and rose

According to the Commodity Market Analysis System of Shengyi Society, as of November 24th, the DOP price was 6967.50 yuan/ton, which rebounded and increased by 1.22% compared to the DOP price of 6883.34 yuan/ton on November 14th. The price of isooctanol has rebounded and risen, leading to an increase in DOP costs and prices; This week, the operating load of plasticizer DOP enterprises has slightly increased, with an operating rate of 65% and an increase in DOP production. DOP costs have risen, supply has increased, and plasticizer prices have fluctuated and risen this week.
This week, the price of raw material isooctanol fluctuated and rose
According to the Commodity Market Analysis System of Shengyi Society, as of November 24th, the price of isooctanol was 6250 yuan/ton, a fluctuating decrease of 4.17% compared to the price of 6000 yuan/ton on November 14th. Some enterprises have resumed production of isooctanol equipment, and the operating load of isooctanol enterprises has slightly increased. The operating rate of isooctanol is 80%, and the supply of isooctanol is sufficient; The price of propylene has fluctuated and risen, and the cost support of isooctanol has increased. This week, the supply of isooctanol is sufficient, and coupled with cost support, the price of isooctanol has increased. The cost of plasticizers is rising, and there is still upward pressure on DOP to increase support.
This week, the price of raw material phthalic anhydride fluctuated and fell
According to the Commodity Market Analysis System of Shengyi Society, as of November 24th, the price of phthalic anhydride in neighboring countries was 5800 yuan/ton, a fluctuation of 1.58% compared to the price of 5893.33 yuan/ton on November 14th. Phthalic anhydride continues to decline, with prices fluctuating and falling. Phthalic anhydride prices are temporarily stable, costs are stabilizing, and the operating rate of phthalic anhydride enterprises is stabilizing. Phthalic anhydride supply is sufficient; The equipment operating load of downstream enterprises has increased, supported by the demand for phthalic anhydride. Cost stabilization supported by demand, phthalic anhydride prices fluctuated and fell this week, plasticizer costs decreased, and there is still downward pressure on plasticizer DOP this week.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has risen, while the price of phthalic anhydride has fluctuated and fallen. The downward pressure on the cost of plasticizer DOP still exists, and the upward support is increasing; In terms of supply, the operating rate of plasticizer enterprises has slightly increased, the production of plasticizers has increased, and the supply of plasticizers is sufficient. In the future, with sufficient supply and rising costs, it is expected that the price of plasticizer DOP will fluctuate and rise.