This week, the price of plasticizer DOP fluctuated and rose

According to the Commodity Market Analysis System of Shengyi Society, as of November 18th, the DOP price was 9438.75 yuan/ton, a fluctuating increase of 2.16% compared to the DOP price of 9238.75 yuan/ton on November 10th. The demand for plasticizer DOP is stable, and the price of plasticizer DOP fluctuates and rises. The operating rate of downstream plasticizer enterprises is stable, and the off-season for downstream PVC is approaching. The demand for plasticizers has fallen, and the high price of plasticizer DOP has fallen.

Downstream demand declines

Entering the second half of the year, downstream PVC product companies are gradually experiencing a decline in production. As we enter November, which is traditionally the off-season in the market, downstream PVC production is expected to decrease. As the weather in the north gradually turns colder, demand is weakening; The downstream market has fallen, and the downward pressure on plasticizers has increased.

Raw material costs fluctuate and rise

According to the Commodity Market Analysis System of Shengyi Society, as of November 18th, the price of isooctanol was 9633.33 yuan/ton, a fluctuating increase of 3.96% compared to the price of 9266.67 yuan/ton on November 10th. This week, the operating load of isooctanol enterprises decreased, the supply of isooctanol decreased, and the price of isooctanol fluctuated and rose. The supply of isooctanol has decreased and demand has remained stable. The market support for isooctanol still exists, and the price of isooctanol has fluctuated and risen. The cost of plasticizers has increased, and the price of plasticizer DOP has fluctuated and risen.

Future expectations

According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has risen, the price of phthalic anhydride has fluctuated and stabilized, and the cost of plasticizer DOP has increased; In terms of demand, the off-season is approaching, and downstream production and inventory are expected to decrease, leading to a decline in demand for plasticizers. In the future, as the supply of isooctanol recovers, raw material prices fluctuate and fall, the expected cost of plasticizers decreases, and the downward pressure on isooctanol increases; The off-season is approaching, and demand expectations are decreasing, leading to a decrease in costs and weak demand. It is expected that the price of plasticizer DOP will weakly decline in the future.