This week, the price of plasticizer DOP fluctuated and rose

According to the Commodity Market Analysis System of Shengyi Society, as of January 20th, the DOP price was 8613.75 yuan/ton, a fluctuating increase of 2.53% compared to the DOP price of 8401.25 yuan/ton on January 13th last week. The rise in raw material prices has led to an increase in the cost of plasticizer DOP. Spring Festival stocking, increasing demand for plasticizers. Supported by rising costs and demand, there is a significant driving force for the increase in plasticizers.

The price of raw material isooctanol fluctuates and rises

According to the Commodity Market Analysis System of Shengyi Society, as of January 20th, the price of isooctanol was 7966.67 yuan/ton, a fluctuating increase of 4.37% compared to the price of 7633.33 yuan/ton on January 13th last week. The construction of new equipment and the high level of equipment construction in isooctanol enterprises have led to sufficient supply of isooctanol. With stocking before the Spring Festival, the demand for isooctanol has rebounded, resulting in a double increase in supply and demand. This week, the price of isooctanol has fluctuated and risen. With the end of stocking, the demand for isooctanol has fallen, and the downward pressure on isooctanol has increased.

Future expectations

According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has fluctuated and risen, the price of phthalic anhydride has increased significantly, and the cost of plasticizer DOP has risen; In terms of demand, the Spring Festival replenishment is supported by the demand for plasticizers. In the future, with the end of Spring Festival stocking, the demand for raw materials such as isooctanol and plasticizers will decrease, and the cost support for plasticizers will weaken, resulting in weak demand; It is expected that the price of plasticizer DOP will slightly decline in the future.