Following the decline of raw materials, DOP prices this week hit a new low this year

DOP price this week hit a new low this year

 

PVA 1799 (PVA BF17)

According to the data monitoring of the business agency, DOP prices fell sharply this week and hit a new low in the new year. As of July 11, the DOP price was 9075 yuan / ton, down 4.97% from 9550 yuan / ton on July 1 at the beginning of the month. The cost of demand fell in the off-season, DOP prices continued to fall, and DOP prices hit a new low this year.

 

The price of isooctanol fell sharply this week

 

According to the price monitoring of business agency, the price of isooctanol fell sharply this week, and the market of isooctanol fell. As of July 11, the price of isooctanol was 8333.33 yuan / ton, down 6.37% from 8900 yuan / ton on July 1 at the beginning of the month. This week, the price of isooctanol fell sharply, the market cost of DOP fell, and the downward pressure on DOP increased.

 

The price of phthalic anhydride fell violently this week

 

PVA

According to the price monitoring of the business club, the phthalic anhydride market fell violently this week. As of July 11, the price of phthalic anhydride was 8350 yuan / ton, down 2.62% from 8575 yuan / ton on July 1 at the beginning of the month. The price of o-xylene fell, the cost of phthalic anhydride fell, the downstream market fell, the demand for phthalic anhydride fell, the overall phthalic anhydride market fell, the cost of DOP raw materials fell, and the downward pressure on DOP prices increased.

 

Aftermarket expectations

 

DOP data analysts of business agency believe that downstream enterprises start at a low level, the market is off-season, downstream enterprises reduce production and increase, and the demand for plasticizers is insufficient; The price of raw material isooctanol fell sharply, the price of phthalic anhydride fell violently, the cost of plasticizer DOP fell, and the price of DOP fell sharply. In general, the cost of raw materials fell, the demand in the off-season was insufficient, and the downward pressure on DOP increased. It is expected that DOP prices will fluctuate and fall in the future.

http://www.pva-china.net

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>