DOP prices rose this week

According to the data monitoring of business society, DOP prices rose sharply this week, and DOP prices rose. As of January 17, the DOP price was 10500 yuan / ton, up 4.48% from 10050 yuan / ton on January 10. This week, customers’ demand for goods preparation during the Spring Festival rose, and DOP prices rose sharply.

The price of isooctanol rose sharply

According to the price monitoring of business agency, the price of isooctanol in China rose sharply this week, up 5.68%. Customers are actively preparing goods before the Spring Festival, the demand rises, and the price of isooctanol rises sharply. The price of isooctanol rose sharply and the cost of plasticizer DOP rose. With the basic end of goods preparation in the Spring Festival, the transaction of isooctanol stabilized. In the future, the price rise of isooctanol slowed down and the rising power of DOP weakened.

The price of phthalic anhydride fluctuated and rose

According to the price monitoring of business society, the price of phthalic anhydride fluctuated and rose this week. As of January 17, the price of phthalic anhydride was 7412.50 yuan / ton, up 2.24% from 7250.00 yuan / ton on January 7. When downstream customers prepare goods in the Spring Festival, the demand for phthalic anhydride rises briefly, the price of raw phthalic anhydride rises, which stimulates the price rise of phthalic anhydride, the price rise of DOP raw material phthalic anhydride, and the driving force of DOP rise increases.

PVC market shock adjustment

According to the price monitoring of the business society, the PVC price stopped falling and rebounded this week, and the PVC market became warmer. As of January 17, the price of PVC was 8340 yuan / ton, up 0.12% from 8330 yuan / ton on January 10; Compared with the PVC price of 8320 yuan / ton on January 1, it rose by 0.24%. 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, the rigid demand for PVC raw material procurement is expected to decrease one after another, and the goods preparation for the Spring Festival is coming to an end, and the rigid demand is reduced; The overall demand for plasticizer is insufficient, and the DOP market is relatively bad.

Future expectations

DOP data analysts of business agency believe that this week, the prices of raw materials isooctanol and phthalic anhydride fluctuated, the cost of DOP rose, the downstream procurement of goods preparation for the Spring Festival was active, and the price of DOP rose sharply. In the future, with the gradual end of goods preparation for the Spring Festival, customers’ purchasing enthusiasm declines, plasticizer demand is insufficient, DOP has limited room to rise. Similarly, the support for the continuous rise of raw materials is insufficient, DOP cost support is limited, DOP’s future rising power is weakened, and the downward pressure remains. It is expected that DOP prices will rise first and then stabilize.