The price of plasticizer DOP fluctuated and fell this week

According to the Commodity Market Analysis System of Shengyishe, as of December 15th, the price of DOP was 11716.67 yuan/ton, a decrease of 0.78% from the price of 11808.33 yuan/ton on December 8th. The prices of raw materials have stopped rising and fallen, and the cost of plasticizer DOP has decreased. This week, DOP prices have fluctuated and fallen.

The price of isooctanol fluctuated and fell this week

According to the commodity market analysis system of Shengyishe, the price of isooctanol surged in early December, but this week, the rise of isooctanol supported a decline, and the price of isooctanol fell from its high point. As of December 15th, the quoted price of isooctanol was 12650 yuan/ton, a decrease of 1.36% compared to the quoted price of 12825 yuan/ton on December 8th. In early December, the operating rate of downstream plasticizers increased at a high level, leading to active procurement by major plasticizer factories. As a result, demand for rigid isooctanol increased, resulting in a significant increase in isooctanol products; As the price of isooctanol rises, plasticizer manufacturers experience a decrease in profits and losses, the operating load of plasticizers decreases, the high price support for isooctanol is insufficient, the demand for isooctanol decreases, and the high price of isooctanol falls back.

Future expectations

Business Society plasticizer product data analysts believe that currently, the DOP market for plasticizers is mainly characterized by short-term cyclical transactions. The high start of plasticizer production combined with the decrease in octanol production has led to a significant increase in octanol prices and an increase in plasticizer prices; As the price of octanol rises to a high level, plasticizer factories gradually begin to lose money, the operating load decreases, leading to a decrease in demand for octanol, a decline in the price of isooctanol, and a decline in the high price of plasticizers. Overall, in the cost demand game, short-term DOP prices are mainly volatile and consolidating. However, as plasticizer manufacturers increase losses and inventory accumulates, the enthusiasm for plasticizer production decreases. In the medium to long term, it is expected that plasticizer DOP prices will fluctuate and fall.