1、 Price trend

According to the data monitoring of business agency, the price of plasticizer DOP fell this week, and the DOP market fell in shock. As of April 26, the price of DOP in East China was 6233.33 yuan / ton, down 2.60% from 6400.00 yuan / ton at the end of last week, down 21.59% from the same period last year.

2、 Industrial chain Market

From the trend chart of plasticizer DOP raw materials, it can be seen that the price of phthalic anhydride and octanol of DOP raw materials fell this week. Influenced by the expectation of crude oil production reduction, the price of phthalic anhydride and octanol rose sharply last week, but the subsequent production reduction agreement was not as expected, the price rise lost support, the downstream demand recovery was limited, the price of phthalic anhydride and octanol fell, the cost of DOP fell this week, the downward pressure of DOP increased, and the DOP market was bearish.

Both PVC and DOP prices fell this week. Crude oil prices fell sharply, PVC costs fell, PVC prices fell, negative for DOP market. The overall DOP demand has picked up, but the overall good is limited and the bad is large.

3、 Future forecast

Bai Jiaxin, data analyst at DOP, a business agency, believes that the sharp drop in crude oil prices this week has led to a decline in the prices of downstream industrial chain products. Phthalic anhydride and octanol prices fell, DOP costs fell, downstream, PVC prices fell, negative for DOP market. On the whole, DOP market bears a lot of negative pressure and lacks the power to rise.