DOP price rose on February 21

DOP price rose on February 21

 

POLYVINYL ALCOHOL

According to the data monitoring of the Business Agency, as of February 21, the price of DOP was 9890 yuan/ton, up 1.96% from 9700 yuan/ton on February 20 of the previous trading day. The cost rose, and the DOP price rose again on February 21.

 

Analysis points

 

The price of isooctanol stopped rising, the price of phthalic anhydride stabilized strongly, the cost of DOP raw materials stabilized strongly, and the downward pressure of DOP weakened and the upward momentum remained; Downstream procurement is general, PVC prices fluctuate and rise, the demand for plasticizers warms up, and the downward pressure of plasticizer DOP weakens, and the upward momentum remains.

 

Aftermarket expectation

 

The cost is strong, the demand is stable, and the plasticizer DOP is mixed. It is expected that DOP will consolidate strongly in the future.

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