Low level consolidation of plasticizer DOP prices this week

According to the Commodity Market Analysis System of Shengyishe, as of April 22, the DOP price was 9780 yuan/ton, which is a low consolidation compared to April 15′s DOP price of 9800 yuan/ton, a decrease of 0.20%; Compared to April 1st, the DOP price of 9890 yuan/ton decreased by 1.11%. This week, the price of isooctanol fluctuated and increased, the price of phthalic anhydride fluctuated and increased, and the cost of plasticizer DOP increased; Plasticizer enterprises are currently operating steadily, with sufficient supply of plasticizer DOP; Downstream enterprise maintenance has led to a decrease in demand for plasticizers, a decrease in demand for cost increases, and a consolidation of low prices for plasticizer DOP.

Isooctanol prices fluctuate and rise

According to the Commodity Market Analysis System of Business Society, as of April 22, the quotation for isooctanol was 9640 yuan/ton, an increase of 1.26% compared to the quotation of 9520 yuan/ton on April 15; Compared to April 1st, the price of isooctanol fluctuated and decreased by 4.17% to 10060 yuan/ton. This week, the price of isooctanol has fluctuated and risen, while the price of raw material propylene has fluctuated and risen. With cost support, the downward pressure on isooctanol has weakened, and the upward momentum has increased; Downstream customers still have purchasing enthusiasm, while iso octanol manufacturers are actively shipping. The positive support for iso octanol is significant.

The price of phthalic anhydride fluctuated and rose this week

According to the market analysis system for phthalic anhydride products by Business Society, as of April 22, the quoted price of phthalic anhydride was 7737.50 yuan/ton, an increase of 0.16% compared to the price of phthalic anhydride on April 15, which was 7725 yuan/ton; Compared to April 1st, the price of phthalic anhydride fluctuated and increased by 1.98% to 7587.50 yuan/ton. The price of crude oil continues to rise, the cost of phthalic anhydride has risen, the price of nefa phthalic anhydride has risen, and the support for the rise of ortho phthalic anhydride has increased. The supply and demand situation of phthalic anhydride is temporarily stable, and the price of phthalic anhydride will remain stable in the future.

Downstream enterprises have less than expected maintenance

This week, the capacity utilization rate of PVC production enterprises decreased month on month, but the maintenance of enterprises did not meet expectations, and the capacity utilization rate of enterprises increased year-on-year. The maintenance is mainly concentrated in mid April, and it is expected that the maintenance enterprises will gradually recover in the next week. The number of maintenance enterprises will decrease, and the expected output will increase, leading to an increase in demand for plasticizers.

Future expectations

Business Society plasticizer product data analysts believe that in terms of raw materials, the price of isooctanol fluctuates and rises, the price of phthalic anhydride fluctuates and rises, and the cost of plasticizer DOP increases; In terms of supply, the high starting point of plasticizer DOP is stable, and the supply of plasticizer DOP is sufficient; In terms of demand, PVC manufacturers have seen a decrease in production this week, and the expected resumption of production in the next week is expected. The demand for plasticizer DOP is expected to increase. In the future, the cost of plasticizer DOP has increased, demand has increased, and it is expected that DOP prices will fluctuate and rise in the future.