Plasticizer DOP prices stop falling and rebound

According to the Commodity Market Analysis System of Shengyi Society, as of June 13th, the DOP price was 8250.83 yuan/ton, which rebounded and increased by 0.10% compared to the June 11th DOP price of 8242.50 yuan/ton; Compared to June 6th, the DOP price of 8267.50 yuan/ton first fell and then rose, with a decrease of 0.20%. This week, DOP prices rebounded and rose, plasticizer companies’ operating loads decreased, DOP production decreased, and DOP prices fluctuated and fell; As the price of raw material isooctanol rebounded and stopped falling, the price of phthalic anhydride fluctuated and rose, and the cost of plasticizers rebounded and stopped falling, the price of plasticizers first fell and then rose.
The price of raw material isooctanol has stopped falling and rebounded
According to the Commodity Market Analysis System of Shengyi Society, as of June 13th, the price of isooctanol was 7390 yuan/ton, a fluctuating decrease of 2.12% compared to the price of 7550 yuan/ton on June 6th; Compared to June 11th, the price of isooctanol rebounded and rose by 0.09% to 7383.33 yuan/ton. This week, the price of isooctanol fluctuated and fell, downstream plasticizer production decreased, demand for isooctanol decreased, and the price of isooctanol fluctuated and fell. The price of crude oil continues to rise, and the cost of raw materials for isooctanol has significantly increased. The support of raw material costs for isooctanol has increased, and the price of isooctanol has rebounded and stopped falling.
Raw material phthalic anhydride prices fluctuate and rise
According to the Commodity Market Analysis System of Shengyi Society, as of June 13th, the price of phthalic anhydride from neighboring countries was 6916.67 yuan/ton, which rebounded and increased by 0.97% compared to the price of phthalic anhydride of 6850 yuan/ton on June 6th; The price of phthalic anhydride fluctuated and fell by 0.48% from 6950 yuan/ton on June 1st. This week, the price of phthalic anhydride remained stable, while the price of industrial naphthalene fluctuated and rose. The cost support for phthalic anhydride increased, and the operating rate of phthalic anhydride enterprises decreased to 6.50%. The supply of phthalic anhydride decreased, and the downstream plasticizer market rose. The demand support for phthalic anhydride still exists. The price of phthalic anhydride has risen, and the cost of DOP raw materials has increased.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has rebounded and stopped falling, while the price of phthalic anhydride has fluctuated and risen. The cost of plasticizer DOP first fell and then rose; In terms of demand, the demand for plasticizers has decreased. In the future, with cost support, it is expected that the price of plasticizer DOP will stop falling and rebound.