The price of plasticizer DOP increased significantly this week
povidone Iodine |
According to the Commodity Market Analysis System of the Business Society, as of August 11th, the price of DOP was 11600 yuan/ton, an increase of 4.19% compared to the price of 11133.33 yuan/ton on August 4th. Costs have risen, supply has contracted, and demand is cold. This week, the price of plasticizer DOP has significantly increased.
Plasticizer companies are experiencing profit losses, plasticizer manufacturers are operating at low loads, and multiple plasticizer companies are experiencing equipment shutdowns. The operating rate of plasticizers has decreased to around 40%, leading to a contraction in plasticizer supply. Downstream demand is cold, high prices of plasticizers are difficult to pass down, and the accumulation of plasticizers has increased.
The price of isooctanol has increased this week
According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on August 11th was 11240 yuan/ton, an increase of 4.23% compared to the price of 10783.33 yuan/ton on August 4th. Planned and unexpected shutdowns of domestic octanol plants have led to a tightening of the supply of isooctanol and a continuous increase in octanol prices. The inventory of isooctanol is low, and the market center has shifted upwards. This week, the price of isooctanol has surged, and the cost of plasticizer DOP raw materials has increased. As the price of isooctanol has risen to a high level, buying sentiment has become cautious. In mid to late August, two sets of isooctanol units in Shandong and Jiangsu are planned to restart, and the supply side of the isooctanol market is expected to be loose. However, there is insufficient support for the sustained rise of isooctanol in the future.
The market of raw material phthalic anhydride fluctuates and rises
Benzalkonium chloride |
According to the market analysis system for phthalic anhydride products of the Business Society, as of August 11th, the quotation for neighboring phthalic anhydride was 8750 yuan/ton, an increase of 2.34% compared to the price of 8550 yuan/ton on August 4th. The operation of domestic phthalic anhydride plants is stable, and the operating rate of domestic phthalic anhydride is maintained at over 60%. The supply of phthalic anhydride goods is normal. Recently, there has been an increase in export orders for phthalic anhydride, and the supply of goods has been slightly tight. In addition, the price of naphthalene phthalic anhydride has risen, leading to a significant increase in the price of ortho benzene and ortho phthalic anhydride. The transaction situation of phthalic anhydride is good, and the market situation is rising. The cost of raw materials has increased, and the driving force for the cost increase of plasticizers has increased.
Future expectations
Analysts from Business Society’s plasticizer product data believe that the expected recovery of isooctanol production is insufficient support for the sustained rise in isooctanol prices. The price of phthalic anhydride fluctuates and increases, and the support for the increase in DOP cost of plasticizer products still exists; Downstream PVC procurement enthusiasm is cold, and demand for plasticizers is weakening; The operating rate of plasticizer enterprises is low, and the supply of plasticizers is shrinking. In the future, there is insufficient support for rising costs, the contraction of plasticizer supply and weak demand, and insufficient support for the rise of plasticizer DOP. It is expected that plasticizer DOP prices will fluctuate and consolidate at high levels.
http://www.lubonchem.com/ |