This week, the price of plasticizer DOP fluctuated and fell
According to the Commodity Market Analysis System of Shengyi Society, as of December 9th, the DOP price was 8826.25 yuan/ton, a fluctuating decrease of 2.35% compared to the DOP price of 9038.75 yuan/ton on December 1st. The equipment of isooctanol enterprises is operating normally, the price of isooctanol is fluctuating and falling, the cost of plasticizers is decreasing, the operating rate of plasticizer enterprises is stable, and the supply of plasticizers is sufficient. The downstream PVC off-season is approaching, and the demand for plasticizers is falling, causing the price of plasticizer DOP to fluctuate and fall.
Downstream demand declines
Downstream PVC product enterprises have low production rates, and the downstream market is traditionally off-season, resulting in a decrease in downstream PVC production. The weather in the north is gradually turning cold, and demand is weak; The downstream market is declining, and the downward pressure on plasticizers is increasing.
The cost of raw materials fluctuates and falls
According to the Commodity Market Analysis System of Shengyi Society, as of December 9th, the price of isooctanol was 8600 yuan/ton, a fluctuating decrease of 5.84% compared to the price of 9133.33 yuan/ton on December 1st. In December, the equipment of isooctanol enterprises started working normally, and the supply of isooctanol was sufficient. The price of isooctanol fluctuated and fell. In the off-season of the market, there is insufficient support for demand for isooctanol, and the supply of isooctanol is sufficient, resulting in weak demand and fluctuating prices of isooctanol.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has fluctuated and fallen, the price of phthalic anhydride has fluctuated and fallen, and the cost of plasticizer DOP has continued to decline; 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, the prices of raw materials will decline, and the cost of plasticizers will decrease; The off-season is approaching, demand is decreasing, costs are falling, and demand is weak. It is expected that the price of plasticizer DOP will fluctuate and fall in the future.
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