The price of plasticizer DOP fluctuated and increased this week

According to the Commodity Market Analysis System of the Business Society, as of July 27th, the price of DOP was 10216.67 yuan/ton, an increase of 1.16% compared to last week’s July 20th price of 10100 yuan/ton; Compared to July 1st, the price increased by 5.69% to 9666.67 yuan/ton. The price of raw material isooctanol has fluctuated and increased, while the price of phthalic anhydride has fluctuated and increased. The cost of plasticizer DOP raw materials has increased, and downstream demand has rebounded. The support for plasticizer increase has increased, and the price of plasticizer DOP has fluctuated and increased.

The price of isooctanol fluctuated and rose this week

According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on July 27th was 9866.67 yuan/ton, an increase of 2.42% compared to the price of 9633.33 yuan/ton on July 20th; Compared to 9350 yuan/ton on July 1st, it increased by 5.53%. The inventory of isooctanol is low, and the market center has shifted upwards. This week, the price of isooctanol has fluctuated and increased, leading to an increase in the cost of plasticizer DOP raw materials and an increase in the price of plasticizer DOP.

The market of raw material phthalic anhydride fluctuates and rises

According to the market analysis system for phthalic anhydride products of the Business Society, as of July 27th, the quotation for neighboring phthalic anhydride was 8425 yuan/ton, an increase of 4.66% compared to the 8050 yuan/ton price of phthalic anhydride on July 20th; The price of phthalic anhydride increased by 9.42% compared to 7700 yuan/ton on July 1st. This week, the price of phthalic anhydride fluctuated and increased, while the price of crude oil fluctuated and increased. The upstream market of phthalic anhydride rose, and the operation of phthalic anhydride enterprises was stable. The supply of phthalic anhydride was sufficient, and downstream demand for on-demand procurement stabilized. The cost of raw materials increased, and the driving force for the increase in plasticizer costs increased.

Downstream PVC market fluctuates and rises

According to the PVC product market analysis system of the Business Society, as of July 27th, the PVC quotation was 5691.67 yuan/ton, a decrease of 0.12% compared to the fluctuating PVC price of 2698.33 yuan/ton on July 20th; Compared to July 1st, the price of PVC increased by 3.51% to 5505 yuan/ton. This week, PVC prices fluctuated and consolidated. In July, PVC prices fluctuated and increased, while crude oil prices fluctuated and increased. PVC costs also increased. The postponement of two policies in the “16 Financial Measures” helped promote the completion and delivery of real estate projects, and PVC demand is expected to rise. However, PVC prices have slightly declined this week, leading to a lack of enthusiasm for market procurement, weak downstream demand, and a weakened driving force for plasticizer cost increases.

Future expectations

Business Society plasticizer product data analysts believe that this week, the prices of isooctanol and phthalic anhydride have fluctuated and increased, the cost of plasticizer product DOP has increased, downstream PVC procurement enthusiasm has decreased, plasticizer demand has weakened, and the upward momentum of plasticizer product DOP prices has weakened. In the future, with rising costs and weaker demand, the upward momentum of plasticizers remains, and it is expected that plasticizer DOP prices will fluctuate and consolidate.