DOP prices rose sharply after the festival

According to the data monitoring of business society, DOP prices rose sharply after the festival, and the DOP market recovered. As of January 7, the DOP price was 10275 yuan / ton, up 5.12% from 9775 yuan / ton on January 1. After the festival, customers’ demand for replenishment rose, and DOP prices rose sharply.

The price of isooctanol rose sharply

According to the price monitoring of the business club, the domestic isooctanol price rose sharply after the festival, and the isooctanol rebounded and rose in late December. After the festival, customers replenished actively, stimulating the rise of isooctanol price, and the sharp rise of crude oil price. In addition, the low start of isooctanol stimulated the rise of isooctanol price. The market was cautious about purchasing high-end prices, and the market was still cautious about the future trend of isooctanol. In the future, the support for the rise of isooctanol price is insufficient, the downward pressure of plasticizer DOP remains, and the upward momentum is weakened.

The price of phthalic anhydride fluctuated and rose

According to the price monitoring of the business community, the price of phthalic anhydride continued the trend of phthalic anhydride in December after the festival, and the phthalic anhydride market fluctuated and rose. Downstream demand was stable, phthalic anhydride prices rose, downward pressure on DOP weakened, and upward momentum increased.

PVC market shock rebound

According to the price monitoring of the business society, the PVC price fluctuated and rose after the festival, and the PVC market became warmer. As of January 7, the price of PVC was 8340 yuan / ton, up 0.24% from 8320 yuan / ton on January 1. The spring festival atmosphere is getting stronger and the terminal enterprises are reducing their burdens one after another. Affected by the low real estate boom, the orders of terminal building materials are lower than those in previous years, and the rigid demand for PVC raw material procurement is expected to decrease one after another. Considering the preparation before the holiday, there is still a rigid demand; The overall demand for plasticizer is insufficient, and the DOP market is relatively bad.

Future expectations

DOP data analysts of business society believe that after the festival, the prices of raw materials isooctanol and phthalic anhydride fluctuated, the cost of DOP rose, and the price of DOP rose sharply. In the future, the rising support of raw materials is insufficient, the support of DOP cost is limited, and the downstream demand is insufficient. The rising power of DOP in the future is weakened, and the downward pressure remains. It is expected that the price of DOP will be weak and stabilize.