The price of DOP fell in shock this week
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According to the data monitoring of the Business Agency, as of February 17, the price of DOP was 9920 yuan/ton, down 1.29% from 10050 yuan/ton on February 10. The price of DOP rebounded weakly, and the price of DOP fell sharply this week.
The price of raw material isooctanol fell in shock
According to the price monitoring of the Business Agency, as of February 17, the price of isooctanol was 9500 yuan/ton, down by 2.40% from the price of isooctanol of 9733.33 yuan/ton on February 10. The demand is weak, the price of isooctanol fluctuated and fell this week, the cost of DOP raw materials fell, and the downward pressure on DOP prices increased.
The market of raw material phthalic anhydride recovered
According to the price monitoring of the business agency, as of February 17, the price of ortho phthalic anhydride was 8287.50 yuan/ton, up 0.61% from the price of 8237.50 yuan/ton on February 10. The price of phthalic anhydride is strong this week, but the terminal demand recovery is limited. The market of phthalic anhydride is stagnant this week, the price of phthalic anhydride is stable, and the rising power of DOP is weakened.
Aftermarket expectation
According to DOP data analysts of the Business News Agency, the price of isooctanol, the raw material, fell in shock, the price of phthalic anhydride stabilized, the cost of DOP fell, and the downward pressure on DOP increased. In the future, the cost of DOP fell and the demand was weak, and the price of DOP was expected to fall in shock.
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