Price trend

According to the data monitoring of business news agency, the price of plasticizer DOP rose first and then fell in December. The price of DOP rose sharply in the middle of the month, and then stabilized. At the end of the month, the price lost its support and fell in shock. On December 22, the price of DOP reached the highest point of 10566.67 yuan / ton, an increase of 8.19% compared with the price at the beginning of the month; on December 31, the average price of DOP quotation was 10350.00 yuan / ton, a decrease of 2.05% compared with the highest point of the month.

Upstream market of industrial chain

It can be seen from the octanol price trend chart that the octanol price rose sharply in the first and middle of December, and then stabilized. The rise of octanol price leads to the rise of DOP raw material cost, which promotes the rise of DOP price. As the octanol price tends to stabilize, DOP’s rising momentum weakens, and DOP’s price loses support.

From the trend chart of phthalic anhydride, it can be seen that the price of phthalic anhydride has been declining all the way in December, and the cost of phthalic anhydride, the raw material of DOP, has decreased, which has great pressure on the decline of DOP. In the first and middle of the month, due to the support of octanol price and the excessive growth of phthalic anhydride in the early stage, the pressure on the decline of DOP is limited. However, with the stabilization of octanol price, the decline of phthalic anhydride price highlights the downward pressure on DOP, and DOP will fall in the future The pressure is high.

Downstream market of industrial chain

It can be seen from the PVC price trend chart that the PVC price rose first and then fell in December, and the overall PVC market fell sharply, with a monthly decline of 8.54%. PVC market fell sharply, DOP demand fell, DOP downstream market weak, plasticizer DOP market bad increase.

Market summary and future expectation

Bai Jiaxin, DOP data analyst of business society, believes that DOP prices rose sharply in early December due to the support of octanol price. With the stabilization of octanol price, phthalic anhydride price continued to fall, DOP cost decreased, and DOP price lost support. In contrast, the PVC market fell in the last ten days, PVC prices plummeted, DOP demand was weak, downstream customers’ purchasing enthusiasm was low, and the downward pressure of DOP increased sharply. Generally speaking, the cost of DOP is decreasing, the demand of DOP is decreasing, the purchasing enthusiasm of DOP downstream customers is decreasing, the DOP market is falling in the future, the pressure of DOP falling is increasing, and the DOP price is expected to have a larger decline in the future.