This week, the price of plasticizer DOP fluctuated and stabilized

According to the Commodity Market Analysis System of Shengyi Society, as of October 25th, the price of plasticizer DOP was 9226.25 yuan/ton, which fluctuated and increased by 0.14% compared to the DOP price of 9213.75 yuan/ton on October 18th last weekend; Compared to October 1st, the DOP price of 8988.75 yuan/ton first rose and then fell, with a 2.64% increase. The price of isooctanol is fluctuating and stabilizing, DOP costs are temporarily stable, DOP manufacturers have orders for sales, downstream demand and procurement are generally active, DOP manufacturers have stable high production levels, DOP supply is sufficient, supply and demand are relatively balanced, and the price of plasticizer DOP is fluctuating and stabilizing.

Downstream demand is expected to rebound

Policy favorable, macroeconomic sentiment rising, October coming to an end, downstream demand falling, downstream operating load relatively stable, market recovery, expected increase in demand for plasticizers market.

Raw material costs fluctuate and stabilize

According to the Commodity Market Analysis System of Shengyi Society, as of October 25th, the price of isooctanol was 9200 yuan/ton, which fluctuated and stabilized compared to the price of isooctanol on October 18th last weekend; Compared to October 1st, the price of isooctanol at 8706.67 yuan/ton first rose and then fell, with an increase of 5.67%. This week, the supply and demand of isooctanol are relatively balanced, with expected sales of orders from isooctanol manufacturers. The market support for isooctanol still exists, and the price of isooctanol is fluctuating and consolidating.

According to the Commodity Market Analysis System of Shengyi Society, as of October 25th, the price of phthalic anhydride in neighboring countries was 7175 yuan/ton, a decrease of 1.54% from the price of 7287.50 yuan/ton on October 18th; Compared to October 1st, the price of phthalic anhydride at 7200 yuan/ton first rose and then fell, with a decrease of 0.35%. This week, the production of phthalic anhydride equipment has been stable, and the supply of phthalic anhydride is sufficient. However, the actual transactions in the phthalic anhydride market are limited, resulting in oversupply and significant downward pressure on phthalic anhydride prices; The price of ortho benzene is temporarily stable, the cost of ortho phthalic anhydride is stabilizing, the price of industrial naphthalene is temporarily stable, and the cost support of naphthalene phthalic anhydride still exists. The overall price of phthalic anhydride has fluctuated and fallen.

Future expectations

According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol is fluctuating and stabilizing, while the price of phthalic anhydride is fluctuating and falling, and the cost of plasticizer DOP is weakly stabilizing; In terms of demand, downstream procurement enthusiasm is average, and the demand for plasticizers is declining. In the future, the prices of raw materials will decline, and the cost of plasticizers will decrease; Policy support, expected recovery of plasticizer DOP market, high operating load of plasticizer manufacturers, sufficient supply of DOP, double increase in supply and demand, relatively balanced supply and demand in the plasticizer market, and expected fluctuation and consolidation of plasticizer DOP prices in the future.