Weak consolidation of plasticizer DOP prices in February

According to the Commodity Market Analysis System of Business Society, as of February 29th, the price of DOP was 11780 yuan/ton, a decrease of 0.25% from the price of 11810 yuan/ton on February 16th; Compared to February 1st, the price of 11780 yuan/ton has stabilized; On March 5th, the price of DOP was 11720 yuan/ton, a decrease of 0.76% compared to February 16th and 0.51% compared to February 1st. The prices of raw materials such as isooctanol and phthalic anhydride are weakly consolidating, and the cost support for plasticizer DOP is insufficient; After the holiday, plasticizer enterprises resumed production, and the supply of plasticizer DOP increased; Downstream demand recovery is slow, and the price of plasticizer DOP is weak and consolidating.

Weak consolidation of isooctanol prices

According to the Commodity Market Analysis System of Business Society, as of February 29th, the quotation for isooctanol was 12437.50 yuan/ton, an increase of 0.71% compared to the quotation of 12350 yuan/ton on February 16th; Compared to February 1st, the price of 12375 yuan/ton has increased by 0.51%; On March 5th, the price of isooctanol was 12337.50 yuan/ton, a decrease of 0.80% from February 29th and 0.30% from February 1st. During the Spring Festival, the production of isooctanol was at a low level, but after the holiday, it slowly recovered. The supply of isooctanol increased, but the demand for isooctanol did not recover well. In February, the price of isooctanol weakened and stabilized, while after the holiday, the raw material propylene fluctuated and rose, increasing cost support. In March, the price of isooctanol fluctuated and stabilized.

Downstream PVC prices fluctuate and rise

According to the Commodity Market Analysis System of Business Society, as of March 5th, the PVC quotation was 5629 yuan/ton, an increase of 0.59% compared to the PVC quotation of 5596 yuan/ton on February 29th; Compared to February 17th, the price of PVC increased by 1.13% to 5566 yuan/ton; Compared to February 1st, the price of PVC increased by 0.99% to 5574 yuan/ton. Before the holiday, PVC demand was weak, PVC prices fluctuated and fell, downstream rigid demand procurement, downstream manufacturers began to work after the holiday, PVC prices fluctuated and rose after the holiday, and demand for plasticizers slowly rebounded.

Future expectations

Business Society plasticizer product data analysts believe that the price of raw material isooctanol is weak and consolidating, and the cost support for plasticizer DOP is insufficient; After the holiday, the PVC market rebounded slowly, and the demand for plasticizers rebounded slowly, with poor support from the rise of plasticizers. In the future, the cost support for plasticizers is insufficient, and downstream demand is slowly recovering. It is expected that DOP prices will fluctuate and consolidate in the future.