The price of plasticizer DOP fluctuated and rose in November

According to the Commodity Market Analysis System of Shengyi Society, as of November 8th, the DOP price was 9238.75 yuan/ton, a fluctuating increase of 1.51% compared to the DOP price of 9101.25 yuan/ton on November 1st. The demand for plasticizer DOP has increased, and the price of plasticizer DOP has fluctuated and risen. Plasticizer companies are operating steadily at a high level, but the off-season for downstream PVC demand is approaching. The demand for plasticizers is falling, and the price of plasticizer DOP is falling at a high level.

Downstream demand declines

Entering the second half of the year, downstream PVC product companies are gradually experiencing a decline in production. As we enter November, the market is in its off-season, and downstream PVC production is expected to decrease. As the weather in the north gradually turns colder, demand is weakening; The downstream market has fallen, and the downward pressure on plasticizers has increased.

Raw material costs fluctuate and rise

According to the Commodity Market Analysis System of Shengyi Society, as of November 8th, the price of isooctanol was 9266.67 yuan/ton, a fluctuating increase of 2.58% compared to the price of 9033.33 yuan/ton on November 1st. In November, the demand for isooctanol rebounded, and the price of isooctanol fluctuated and rose. The supply and demand of isooctanol have increased, and the market support for isooctanol still exists. The price of isooctanol has fluctuated and risen. The cost of plasticizers has increased, and the price of plasticizer DOP has fluctuated and risen.

Future expectations

According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has stabilized after rising, the price of phthalic anhydride has fluctuated and stabilized, and the cost of plasticizer DOP has increased; In terms of demand, the off-season is approaching, and downstream production and inventory are expected to decrease, leading to a decline in demand for plasticizers. In the future, raw material prices will stabilize and plasticizer costs will stabilize; The off-season is approaching, and demand expectations have decreased. It is expected that the price of plasticizer DOP will remain weak and consolidate in the future.