The industry chain continues to be good, plasticizer market price strong rise

Price trend

 

PVA 1788 (PVA BP17)

According to the business agency data monitoring, the price of plasticizer DOP resumed to rise in October, DOP market performance was strong, and the price was strong. As of October 16, the DOP price was 7466.67 yuan / ton, up 2.99% compared with 7250.00 yuan / ton at the beginning of the month (October 1).

 

Upstream market of industrial chain

 

It can be seen from the trend chart of phthalic anhydride that DOP raw material phthalic anhydride market showed strong performance in October, with phthalic anhydride price rising by 2.94%, and DOP cost rising, which has certain driving force support for DOP market.

 

It can be seen from the octanol price trend chart that the octanol market showed a strong performance in October. The octanol price recovered to rise by 1.30%. DOP cost rose and DOP was supported by the rise.

 

Downstream market of industrial chain

 

PVA

According to the PVC price trend chart, the PVC market rose sharply in October, the PVC price hit the bottom and rebounded to rise, up 4.33%. The PVC market fluctuated and rose. The overall PVC market rose strongly, which was good for the plasticizer DOP market.

 

Market review and future expectation

 

According to Bai Jiaxin, DOP data analyst of business agency, in October, DOP raw materials octanol and phthalic anhydride prices rose, phthalic anhydride and octanol market continued strong performance, shock rise, DOP cost rise; downstream, PVC prices rose sharply, PVC market strengthened, DOP downstream demand rose. Generally speaking, the DOP industry chain is favorable and supported continuously. The motive force of DOP rising is larger, and the price of DOP is rising, but the overall DOP market is rising strongly.

http://www.pva-china.net

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