Weak consolidation of plasticizer DOP this week
| Sodium Molybdate |
According to the Commodity Market Analysis System of the Business Society, as of April 23, the DOP price was 9875.83 yuan/ton, a decrease of 0.59% compared to the DOP price of 9934.17 yuan/ton on April 16. Plasticizer manufacturers are operating at a low and stable level, with sufficient supply in the plasticizer market. Downstream purchases are in urgent need, and customers have average purchasing enthusiasm. The market transaction atmosphere is cold, and the DOP market is weak and consolidating this week.
Market situation of raw material products
According to the Commodity Market Analysis System of the Business Society, as of April 23, the quotation for ortho phthalic anhydride was 8425 yuan/ton, a decrease of 1.61% compared to the price of 8562.50 yuan/ton on April 16. The price of ortho benzene has stabilized, the cost of phthalic anhydride has stabilized, and the support for upward growth has weakened. Downstream demand is poor, and the market for phthalic anhydride has remained stagnant this week. In the future, the upward momentum of phthalic anhydride prices has weakened, and downward pressure has increased.
| Benzalkonium chloride |
According to the Commodity Market Analysis System of the Business Society, as of April 23, the price of isooctanol was 9142.86 yuan/ton, a decrease of 0.31% compared to the price of isooctanol on April 16, which was 9142.86 yuan/ton. This week, the low starting point of isooctanol enterprises has temporarily stabilized, the supply of isooctanol has decreased, and the demand side plasticizer enterprises have temporarily stabilized. In the future, isooctanol will mainly experience weak fluctuations and consolidation.
Future expectations
Business Society plasticizer product data analysts believe that this week, the prices of raw materials for plasticizer DOP, phthalic anhydride and isooctanol, have fluctuated and fallen, resulting in a decrease in DOP costs and increased downward pressure on DOP. On the demand side, the downstream demand market is weak, and downstream enterprises of plasticizers have poor purchasing enthusiasm. Overall, the demand for cost reduction is weak, and the plasticizer market is weak and consolidating.
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