Plasticizer Market stabilized after surge in April

Price trend

According to the data monitoring of the business association, the DOP price fluctuated sharply in April and then stabilized. The overall DOP market fluctuated with the price of raw materials. As of April 29, the DOP price was 12150.00 yuan / ton, up 0.21% from April 25 last weekend, and 5.19% from April 1, 2015. In April, the plasticizer market generally rose, with the price of raw materials stable, the plasticizer Market stabilized.

Isooctanol tends to stabilize

It can be seen from the price trend chart of isooctanol that the price of isooctanol fluctuated sharply in April, the price of isooctanol stabilized at the end of the month, the cost of DOP raw materials stabilized in the future, the downward pressure of DOP still existed, and the upward momentum weakened. DOP market up support weakened.

Phthalic anhydride tends to be stable

From the trend chart of phthalic anhydride, it can be seen that the price of phthalic anhydride fluctuated and rose in April, the price of phthalic anhydride fell slightly at the end of the month, the price of raw material phthalic anhydride of DOP fell, the cost of DOP fell, the upward pressure of DOP weakened in the future, and the downward pressure still remained.

Market summary and future expectation

Bai Jiaxin, DOP data analyst of business news agency, believes that the price of raw materials phthalic anhydride and isooctanol fluctuated in April, which stimulated the fluctuation of plasticizer DOP market. At the end of April, the price of phthalic anhydride dropped slightly, the price of isooctanol stabilized, the cost of plasticizer DOP stabilized temporarily, and the rising power of plasticizer weakened. In the future, with the stable cost of raw materials, plasticizer Market passion is no longer, DOP market tends to be stable.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>