After the holiday, the price of plasticizer DOP has stopped falling and stabilized
According to the Commodity Market Analysis System of Shengyi Society, as of October 13th, the DOP price was 7309.16 yuan/ton, a fluctuating decrease of 0.79% compared to the DOP price of 7367.50 yuan/ton on October 1st. After the holiday, the price of DOP slightly decreased and then stabilized. The operating load of DOP enterprises was weakly consolidated, the operating rate slightly decreased, and the supply of DOP decreased; The raw material isooctanol has stopped falling and rebounded, the price of phthalic anhydride has weakened and fallen, the cost of DOP has stabilized strongly, and the downward pressure on DOP has weakened; Downstream demand is unlikely to improve, with mediocre intentions for DOP procurement inquiries and weak DOP demand transactions. The cost support for both supply and demand is weak, and the price of plasticizers has stopped falling and stabilized after the holiday.
After the holiday, the price of raw material isooctanol stopped falling and rebounded
According to the Commodity Market Analysis System of Shengyi Society, as of October 13th, the price of isooctanol was 6550 yuan/ton, a fluctuating decrease of 1.75% compared to the price of 6666.67 yuan/ton on October 1st, and a rebound of 1.03% compared to the price of 6483.33 yuan/ton on October 10th. Partial maintenance of isooctanol equipment in some enterprises resulted in a slight decrease in operating load and supply of isooctanol after the holiday; The profit of isooctanol is on the edge of the cost line, and manufacturers have a strong willingness to raise prices. The price of isooctanol has stopped falling and rebounded, and the cost of plasticizers has stopped falling and risen. The downward pressure on DOP has weakened, and the upward support has increased.
After the holiday, the price of raw material phthalic anhydride fluctuated and fell
According to the Commodity Market Analysis System of Shengyi Society, as of October 13th, the price of phthalic anhydride in neighboring countries was 6216.67 yuan/ton, which fluctuated and fell by 1.22% compared to the price of phthalic anhydride at 6293.33 yuan/ton on October 1st. After the holiday, the price of ortho benzene fell, the price of industrial naphthalene fluctuated and fell, the cost support of phthalic anhydride decreased, the equipment load of phthalic anhydride slightly decreased after the holiday, the operating rate of phthalic anhydride enterprises decreased, the supply of phthalic anhydride was sufficient, the downstream plasticizer market fluctuated and fell, the equipment operating load of plasticizer enterprises decreased, and the demand support for phthalic anhydride weakened. The cost of plasticizers has decreased, and there is greater pressure to reduce the DOP of plasticizers after the holiday.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has rebounded and stopped falling, while the price of phthalic anhydride has weakly declined. The downward pressure on the cost of plasticizer DOP has weakened, and the upward support has increased; On the supply side, the operating rate of plasticizer enterprises has slightly decreased, the production of plasticizers has decreased, and the supply of plasticizers has decreased; In terms of demand, the overall economy is sluggish, coupled with anti competition and the elimination of outdated production capacity, resulting in weak downstream demand. In the future, with weak supply and demand and increased cost support, it is expected that the price of plasticizer DOP will stabilize and stop falling.
| http://www.sulfamic-acid.com |