This week, the price of plasticizer DOP fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of August 18th, the DOP price was 7734.16 yuan/ton, a fluctuating decrease of 1.28% compared to the DOP price of 7834.16 yuan/ton on August 10th. This week, DOP production has increased to 6.70%, and the production of plasticizers is sufficient; Downstream demand is unlikely to improve, and there is a lack of interest in DOP procurement inquiries. DOP demand remains weak. The price of raw material isooctanol fluctuated and fell, the price of phthalic anhydride fluctuated and fell, and the cost support of plasticizers decreased. The cost of sufficient supply has decreased, and the price of plasticizers has fluctuated and fallen this week.
This week, the price of raw material isooctanol fluctuated and fell
According to the Commodity Market Analysis System of Shengyi Society, as of August 18th, the price of isooctanol was 7350 yuan/ton, which fluctuated and fell by 1.12% compared to the price of 7433.33 yuan/ton on August 10th. 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 fluctuated and fell
According to the Commodity Market Analysis System of Shengyi Society, as of August 18th, the price of phthalic anhydride in neighboring countries was 6250 yuan/ton, a fluctuating decrease of 4.58% compared to the price of 6550 yuan/ton on August 10th. On August 18th, the price of phthalic anhydride was 6400 yuan/ton, a decrease of 3.03% from the price of 6600 yuan/ton on August 10th. The cost of phthalic anhydride has decreased, and the operating rate of phthalic anhydride equipment has slightly decreased to about 60%. The supply of phthalic anhydride is still sufficient, and the price of phthalic anhydride has fluctuated and fallen this week. The cost has decreased, and the price of plasticizer DOP has dropped 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, the price of phthalic anhydride has fluctuated and fallen, and the cost of plasticizer DOP has decreased; In terms of supply, plasticizer enterprises have stable high production levels, stable plasticizer output, and sufficient plasticizer supply; In terms of demand, the overall economy is sluggish, coupled with anti competition and the elimination of outdated production capacity, resulting in weak downstream demand. Overall, with sufficient supply and decreasing costs, coupled with weak demand, it is expected that the price of plasticizer DOP will fluctuate and fall in the future.