Low level consolidation of plasticizer DOP prices in April
According to the Commodity Market Analysis System of Shengyishe, as of April 28th, the price of DOP was 9850 yuan/ton, a decrease of 0.40% from the DOP price of 9890 yuan/ton on April 1st. From January to February, the prices of plasticizers stabilized at a high level, while in March, the prices of plasticizer DOP plummeted significantly. In April, the prices of plasticizer DOP stabilized at a low level.
In April, the price of isooctanol fluctuated slightly and fell
According to the Commodity Market Analysis System of Shengyishe, as of April 28th, the quotation for isooctanol was 9740 yuan/ton, a fluctuation of 3.18% compared to the price of 10060 yuan/ton on April 1st. In April, octanol did not continue its downward trend in March, while the price of isooctanol remained low and consolidated. The price of raw material propylene fluctuated and consolidated, and cost support was insufficient. The downward pressure on isooctanol increased, and the upward momentum weakened; Downstream customers have average purchasing enthusiasm, with limited support from isooctanol.
In April, the price of phthalic anhydride first rose and then fell
According to the market analysis system for phthalic anhydride products by Business Society, as of April 28th, the quoted price of phthalic anhydride was 7737.50 yuan/ton, an increase of 1.98% compared to the fluctuating price of 7587.50 yuan/ton on April 1st. Cost support, the price of phthalic anhydride fluctuated and increased in the first and second half of the year; Poor demand has led to a decline in the price of phthalic anhydride in the latter half of the year, while the high price of phthalic anhydride in Naifa has fallen, and the support for the rise of phthalic anhydride in neighboring countries has weakened.
Downstream enterprises have less than expected maintenance
In April, downstream enterprises began spring maintenance one after another, with an increase in enterprise maintenance. This year, the demand for plastic products in the market has been sluggish, and the order situation is lower than expected, resulting in limited growth in demand for plasticizers. There is still downward pressure on the demand side of plasticizers in the future. In April, the capacity utilization rate of PVC production enterprises decreased month on month, but the maintenance of enterprises did not meet expectations, and the capacity utilization rate of enterprises increased year-on-year. The maintenance is mainly concentrated in mid April, and in the latter half of the year, the maintenance enterprises gradually recover, with a slow increase in production and strong demand for plasticizers.
Future expectations
Business Society plasticizer product data analysts believe that in terms of raw materials, the price of isooctanol fluctuates and falls, the price of phthalic anhydride first rises and then falls, and the cost of plasticizer DOP decreases; In terms of supply, the high starting point of plasticizer DOP is stable, and the supply of plasticizer DOP is sufficient; In terms of demand, PVC manufacturers conducted centralized maintenance in April, resulting in a decrease in PVC production. However, downstream enterprises did not meet expectations in maintenance, and the support for the increase in demand for plasticizer DOP still exists. In the future, the cost support for plasticizer DOP is insufficient, and there is significant demand support. It is expected that DOP prices will consolidate at a low level in the future.
| http://www.sulfamic-acid.com |