The price of plasticizer DOP first fell and then rose in November

According to the Commodity Market Analysis System of Shengyi Society, as of November 30th, the DOP price was 7009.16 yuan/ton, which first fell and then rose compared to the DOP price of 7009.16 yuan/ton on November 1st, and increased by 2.31% compared to the DOP price of 6950.83 yuan/ton on November 17th. In November, the price of isooctanol fluctuated and rose, leading to an increase in DOP costs and prices; In November, the operating load of plasticizer DOP enterprises slightly increased, with an operating rate of 70% and an increase in DOP production. Due to the increase in DOP costs and supply, the price of plasticizers first fell and then rose in November.
The price of raw material isooctanol fluctuated and rose in November
According to the Commodity Market Analysis System of Shengyi Society, as of November 30th, the price of isooctanol was 6566.67 yuan/ton, a fluctuating increase of 10.36% compared to the price of 5950 yuan/ton on November 1st. Partial enterprises have resumed maintenance of their isooctanol equipment, resulting in an increase in the operating load of isooctanol facilities. The operating rate of isooctanol is 80%, and the supply of isooctanol has increased; The price of propylene fluctuates and rises, while the cost of isooctanol increases; In November, the supply of isooctanol increased, coupled with cost support, and the upward momentum of isooctanol prices increased, with downward pressure still remaining. The price of isooctanol has risen, the cost of plasticizers has increased, and there is still upward pressure on DOP to increase support.
The price of raw material phthalic anhydride fluctuated and fell in November
According to the Commodity Market Analysis System of Shengyi Society, as of November 30th, the price of phthalic anhydride in neighboring countries was 5766.67 yuan/ton, a fluctuating decrease of 3.08% compared to the price of phthalic anhydride on November 1st at 5950 yuan/ton. In November, phthalic anhydride continued to decline, with prices fluctuating and falling. The price of raw material ortho benzene also dropped, resulting in a decrease in costs. The operating rate of phthalic anhydride enterprises slowly increased, and the supply of phthalic anhydride was sufficient; The equipment operating load of downstream enterprises has increased, and the demand for phthalic anhydride still exists to support it. Due to cost reduction and demand support, the price of phthalic anhydride fluctuated and fell in November, and the cost of plasticizers decreased. The downward pressure on plasticizer DOP increased in November.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has risen, while the price of phthalic anhydride has fluctuated and fallen. The downward pressure on the cost of plasticizer DOP still exists, and the upward support is increasing; On the supply side, the operating rate of plasticizer enterprises has slightly increased to 70%, with an increase in plasticizer production and supply. In the future, with increasing supply and rising costs, it is expected that the price of plasticizer DOP will fluctuate and stabilize.