The price of plasticizer DOP fluctuated and increased this week

The price of plasticizer DOP fluctuated and increased this week

 

According to the Commodity Market Analysis System of Business Society, as of June 11th, the price of plasticizer DOP was 10362.50 yuan/ton, an increase of 2.47% from the DOP price of 10112.50 yuan/ton on June 1st of the month. The price of plasticizer raw material phthalic anhydride remains strong and stable, while the price of isooctanol fluctuates and rises. The cost of plasticizer increases, and the profit of plasticizer DOP decreases. The production of plasticizer DOP enterprises decreases, and the supply of plasticizer DOP is sufficient.

 

The price of raw material isooctanol fluctuates and rises

 

According to the Commodity Market Analysis System of Business Society, as of June 11th, the quotation for isooctanol was 10140 yuan/ton, an increase of 2.42% compared to the quotation of 9900 yuan/ton on June 1st. This week, the price of isooctanol fluctuated slightly and rose. Since the domestic isooctanol market bottomed out in mid April, the price center of isooctanol has slowly shifted upwards. Isooctanol manufacturers are limited in quantity and reluctant to sell, while downstream customers have a strong demand for purchases, which provides significant support for the rise of isooctanol.

 

Future expectations

 

Business Society plasticizer product data analysts believe that the price of raw material isooctanol has fluctuated and risen this week, leading to an increase in the cost of plasticizer DOP. In the future, the supply of isooctanol will be tight, and the support for the price increase of isooctanol will still exist; The cost of raw materials has increased, downstream demand support has weakened, and the price of plasticizer DOP will fluctuate slightly in the future.

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