After holiday price consolidation of plasticizer DOP
According to the Commodity Market Analysis System of Business Society, as of February 19th, the price of DOP was 11820 yuan/ton, an increase of 0.08% compared to the price of 11810 yuan/ton on February 9th before the holiday; Compared to February 1st, the price of 11780 yuan/ton fluctuated and increased by 0.34%. The price of raw material isooctanol has increased, the cost of plasticizer DOP has increased, and the price of DOP has stabilized strongly; During the Spring Festival, the production of plasticizer enterprises decreased, and some enterprises stopped, with a production rate of less than 30%. After the holiday, plasticizer enterprises resumed production, and the supply of plasticizer DOP increased.
After the holiday, the price of isooctanol fluctuated and increased
According to the Commodity Market Analysis System of Shengyishe, as of February 19th, the quotation for isooctanol was 12450 yuan/ton, a fluctuating increase of 0.81% compared to the quotation for isooctanol on February 9th before the holiday, which was 12350 yuan/ton; Compared to February 1st at the beginning of the month, the price of 12375 yuan/ton increased by 0.61%. During the Spring Festival, the operating load of isooctanol enterprises decreased, but there was some recovery after the holiday. In addition, downstream customers restocked, and the demand for isooctanol slowly rebounded. During the Spring Festival, the price of isooctanol remained high, and after the holiday, the price of isooctanol slightly increased.
Future expectations
Business Society plasticizer product data analysts believe that during the Spring Festival, plasticizer manufacturers have seen a decrease in production, but after the holiday, plasticizer production has resumed, and the supply of plasticizers has increased. In addition, the price of isooctanol has risen, leading to an increase in the cost of plasticizer DOP. In the future, as the cost of plasticizers increases and the supply increases, there is still limited support from the rise in DOP and downward pressure. It is expected that DOP prices will remain weak and consolidate in the future.
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