Plasticizer DOP prices fell sharply this week

According to the data monitoring of business society, DOP prices fell sharply this week, and DOP prices fell sharply. As of December 17, the DOP price was 9500 yuan / ton, down 9.95% from 10550 yuan / ton on December 10 last weekend; Compared with the DOP price of 11200 yuan / ton on December 1 at the beginning of the month, it fell sharply, down 15.18%. DOP market fell sharply in December, and DOP continued its weak decline this week.

The price of isooctanol fluctuated and fell this week

According to the price monitoring of business agency, the domestic isooctanol market continued the downward trend this week, and the price of isooctanol fell sharply. Purchase cautiously at the high-end price in the market, with less new order trading volume in the market, stalemate in high price spot negotiation, increased bearish mentality on the floor, and downstream customers just need small order purchase. The transaction of isooctanol was cold, the price of isooctanol fell, the cost of plasticizer DOP fell, and the downward pressure of DOP increased.

Phthalic anhydride price stabilized this week

According to the price monitoring of business society, the price of phthalic anhydride first rose and then fell this week. The overall price of phthalic anhydride was flat and the phthalic anhydride market stabilized. The phthalic anhydride market stabilized and the downward pressure of DOP weakened.

PVC prices fell sharply

According to the price monitoring of business society, the price of PVC fell by 3.98% this week, and the PVC market fell sharply. In the off-season of PVC demand, PVC enterprises cut prices and shipped goods. Downstream customers waited and saw more, and the market transaction was cold. PVC market fell and DOP market became more bearish.

Future expectations

Bai Jiaxin, DOP data analyst of business agency, believes that this week, the price of DOP raw material phthalic anhydride stabilized, the price of isooctanol fell sharply, the cost of DOP fell sharply, and the downward pressure of DOP increased; PVC prices continued to decline weakly, DOP demand was general, and downstream customers’ procurement was cold. In general, the price of raw materials decreased, the cost pressure of DOP was large, the downstream market was still weak, the demand for DOP was cold, and the price of DOP fell sharply. The demand for raw materials is insufficient, and it is expected that the DOP price will fluctuate and fall in the future.