High DOP prices fell this week
| POLYVINYL ALCOHOL |
According to the data monitoring of the business club, in June, DOP prices rose first and then fell. After the holiday, some customers replenished the stock, and DOP prices rose violently. The market demand for DOP in the off-season was insufficient, and the high level of DOP market fell back. As of June 10, the DOP price was 11925.00 yuan / ton, down 0.52% from the DOP price of 11987.50 yuan / ton on June 6; Compared with the DOP price of 11912.50 yuan / ton on June 1 at the beginning of the month, the increase was 0.10%. The demand was insufficient, and the high price of DOP fell back.
The high price of isooctanol fell back
According to the price monitoring of the business club, the price of isooctanol rose first and then fell in June, and the high price of isooctanol fell this week; The high price of isooctanol fell back. As of June 10, the price of isooctanol was 12300 yuan / ton, down 1.07% from 12433.33 yuan / ton on June 1; It was 2.12% lower than 12566.67 yuan / ton on June 6 at the beginning of the week. This week, the price of isooctanol was adjusted at a high level, the market cost of DOP decreased, the upward momentum of DOP weakened, and the downward pressure increased.
The price of phthalic anhydride fluctuated and rose
According to the price monitoring of the business club, the market of phthalic anhydride rose violently in June. As of June 10, the price of phthalic anhydride was 8500 yuan / ton, up 2.41% from 8300 yuan / ton on June 1. In June, the price of ortho benzene rose sharply, the market of phthalic anhydride rose, the cost of DOP raw materials rose, and the downward pressure on DOP prices remained. The upward momentum increased.
Aftermarket expectation
According to the DOP data analyst of business agency, in June, the downstream enterprises started at a low level, the demand for plasticizers was insufficient, the enterprises reduced production and increased, the high price of isooctanol fell, the price of phthalic anhydride fluctuated and rose, the cost of plasticizer DOP fell, and the high price of DOP fell; In the off-season of the market, the cumulative shutdown increased, the downstream demand of DOP was insufficient, the downward pressure of DOP increased, and the upward momentum weakened. On the whole, the pressure of raw material cost decline is large, the demand in the off-season is insufficient, the pressure of DOP decline is large, and the upward momentum is weakened. It is expected that the high price of DOP will fall in the future.
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