The price of plasticizer DOP fluctuated slightly and increased in July
| PVA 1799 (PVA BF17) |
According to the Commodity Market Analysis System of the Business Society, as of July 11th, the price of DOP was 9816.67 yuan/ton, an increase of 1.55% compared to the price of 9666.67 yuan/ton on July 1st. The price of raw material isooctanol fluctuated and increased, the cost of plasticizer DOP increased, and the price of plasticizer DOP fluctuated and increased.
The price of isooctanol fluctuated and rose this week
According to the Commodity Market Analysis System of Business Society, the price of isooctanol was 9600 yuan/ton on July 11th, an increase of 2.67% compared to 9350 yuan/ton on July 1st. In July, the price of isooctanol fluctuated and increased, the cost of plasticizer products increased, and the price of plasticizer DOP fluctuated and increased.
The market for raw material phthalic anhydride first fell and then rose
| PVA |
According to the market analysis system for phthalic anhydride products of the Business Society, as of July 11th, the quotation for neighboring phthalic anhydride was 7700 yuan/ton, which is stable compared to the price of 7700 yuan/ton for phthalic anhydride on July 1st. In July, the price of phthalic anhydride first fell and then rose, and the market for phthalic anhydride rebounded. The production of phthalic anhydride enterprises was stable, and the supply of phthalic anhydride was sufficient. Downstream demand for on-demand procurement was poor, and the cost of raw materials stabilized. The pressure on the cost of plasticizers to decline was weakened.
Future expectations
Analysts from Business Society’s plasticizer product data believe that in July, the price of isooctanol fluctuated and rose, while the price of phthalic anhydride first fell and then rose. The cost of plasticizer product DOP increased, and the downward pressure on plasticizer product DOP prices weakened, increasing the upward momentum. In the future, with rising costs, sufficient supply of plasticizer DOP and weak demand, the upward momentum of plasticizer is increasing, and it is expected that the price of plasticizer DOP will fluctuate and rise.
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