DOP rose again in price differences
According to the data monitoring of the business agency, DOP prices fell first and then rose this week. Recently, DOP prices have great differences between long and short, and DOP prices have been adjusted in waves. As of August 26, the DOP price was 14750.00 yuan / ton, down 1.01% from the DOP price of 14900.00 yuan / ton on August 20 last weekend; Compared with the DOP price of 15675.00 yuan / ton on August 1, a decrease of 5.90%; Compared with the DOP price of 14925.00 yuan / ton on August 10, it decreased by 1.17%. Since mid August, the cost of DOP raw materials has been divided between long and short, and the price of DOP has been adjusted by shock.
Long and short differences in raw material prices continued
It can be seen from the isooctanol price trend chart that the long and short differences in the isooctanol market continued in August. This week, the isooctanol price fell first and then rose. The DOP cost fluctuated and adjusted. The DOP market profit was around the cost line. In general, the DOP cost decreased in the future, and there was great downward pressure on DOP.
The downstream market rebounded and warmed up
As can be seen from the PVC price trend chart, the PVC market fluctuated and rose in August, the PVC price rose again this week, the downstream demand of DOP warmed up, and the upward momentum of DOP increased.
Market overview and future expectations
Bai Jiaxin, DOP data analyst of business agency, believes that the long and short differences in DOP raw material isooctanol market continue, the overall isooctanol price drops, DOP costs fall, and the downward pressure on DOP increases. The recovery of downstream PVC market is good for DOP market, but the overall demand for DOP is general, and the rising power of DOP is limited. In the future, the upward momentum of DOP market still exists, and the downward pressure is weakened. It is expected that DOP price will fluctuate slightly.
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