Price Trend

According to the monitoring data of business associations, DOP prices in East China fell this week, and overall DOP prices fell. As of April 26, the price of DOP in East China was 7950.00 yuan/ton, down 2.05% from 8116.67 yuan/ton at the beginning of this week, and 6.93% from the same period last year. 总体DOP华东本周行情下跌。

II. Market Analysis

Product analysis

DOP market demand is general this week, but the plasticizer enterprises DOP equipment start-up rate remains high, the overall market supply and demand for the performance of market demand decline, while adequate supply, overall plasticizer DOP market difficult to maintain, the May Day holiday is imminent, downstream customers to carry out production stocks, in the short term demand has warmed up, DOP market is expected to stabilize before May 1.

Analysis of Industrial Chain

As can be seen from the chart above, octanol prices fell sharply this week, with octanol falling by 1.06% this week; phthalic anhydride prices fluctuated steadily, overall DOP costs fell, overall DOP prices fell, and DOP still has downward pressure in the future.

3. Future Market Forecast

Bai Jiaxin, DOP data analyst of business association, believes that the current DOP market demand is general, plasticizer manufacturers DOP equipment start-up rate maintains a high level, sufficient supply, overall demand for DOP market is negative; raw material octanol prices and phthalic anhydride prices are stable, raw material prices are falling, DOP costs are falling, the market is negative; May 1st is a short-term holiday, downstream customers production stocks, short-term demand There is a slight rebound in the DOP market, good for DOP market, downstream plastic market has recently rebounded, to promote DOP, good for DOP market is mixed, future plasticizer DOP market showed a warming demand, but not enough to support the rise in DOP prices, DOP price volatility in the future maintained stability.