According to the data monitoring of business agency, the price of plasticizer DOP rose in June, while the price of DOP rose slowly. As of June 28, the price of DOP in East China was 7366.67 yuan / ton, up 5.49% from 6983.33 yuan / ton at the beginning of the month, up 2.79% from last year.
From the trend chart of raw material phthalic anhydride, it can be seen that the price of DOP raw material phthalic anhydride rose sharply in June, and then it remained stable. In the first ten days of June, the price of DOP raw material phthalic anhydride rose, and the price of phthalic anhydride fluctuated and remained stable in the middle and last ten days of June. In general, phthalic anhydride rose in the first ten days of June, and DOP rose strongly. Since the middle and last ten days of June, phthalic anhydride market has remained stable, and DOP market rose weakly with some downward pressure.
From the trend chart of octanol price, it can be seen that octanol price rose steadily in June, DOP cost rose steadily, and DOP rose strongly.
Industry chain factors
From the PVC price trend chart, we can see that PVC price rose sharply in early June, and then PVC price fluctuated and remained stable. In late June, PVC price fluctuated and fell, PVC market fell, and DOP demand was mainly rigid demand, PVC market fell, increasing the pressure on DOP.
|ferric sulfate (Poly ferric sulphate)|
Market overview and future expectation
According to Bai Jiaxin, data analyst of DOP of business agency, in terms of raw materials, the prices of DOP raw materials remained high in June, the cost of DOP fluctuated and increased, and the pressure of DOP increased; in terms of demand, the price of PVC fell in late June, the demand of DOP was mainly based on rigid demand, the enthusiasm of downstream customers’ procurement decreased, and the negative pressure on DOP increased. Generally speaking, the future DOP’s upward momentum is weakened and downward pressure is increased. It is expected that the future DOP’s market will fluctuate and maintain stability.