The price of plasticizer DOP fluctuated and rose in January

According to the Commodity Market Analysis System of Shengyi Society, as of January 16th, the DOP price was 7492.50 yuan/ton, a fluctuating increase of 2.27% compared to the DOP price of 7325.84 yuan/ton on January 1st. The operating load of plasticizer DOP enterprises is stable, with an operating rate of about 63% and stable DOP production; The prices of isooctanol and phthalic anhydride have risen, raw material prices have increased, DOP costs have risen, and with the increase in costs and sufficient supply, plasticizer prices have fluctuated and increased.
Plasticizer DOP manufacturer’s production slightly decreases
In January, the operating load of DOP manufacturers slightly decreased, the operating rate dropped to 63%, DOP production decreased, DOP supply decreased, and the upward momentum of DOP still exists.
The price of raw material isooctanol fluctuates and rises
According to the Commodity Market Analysis System of Shengyi Society, as of January 16th, the price of isooctanol was 7033.33 yuan/ton, a fluctuating increase of 1.69% compared to the price of 6916.67 yuan/ton on January 1st. The equipment maintenance of the isooctanol enterprise has been completed, and the operating load of the isooctanol enterprise device has increased. The operating rate of isooctanol is 9.5%, and the supply of isooctanol is sufficient; The price of propylene has risen significantly, and the cost support of isooctanol has increased. The price of isooctanol has fluctuated and risen, the cost of plasticizers has increased, and the driving force for DOP to rise has increased.
The phthalic anhydride market fluctuated and rose in January
According to the Commodity Market Analysis System of Shengyi Society, as of January 16th, the price of phthalic anhydride from neighboring countries was 6266.67 yuan/ton, a significant increase of 5.03% compared to the price of phthalic anhydride on January 1st, which was 5966.67 yuan/ton. Starting from late December, the price of phthalic anhydride stopped falling and rebounded, and in January, the price of phthalic anhydride continued to rise. In January, the price of phthalic anhydride increased significantly, the cost of DOP rose, and the support for the rise in plasticizers increased.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has fluctuated and risen, while the price of phthalic anhydride has increased significantly. The support for the rising cost of plasticizer DOP has also increased; In terms of supply, the operating rate of plasticizer enterprises is weak and stable, the production of plasticizers is stable, and the supply of plasticizers is sufficient. In the future, with rising costs and limited supply and demand, it is expected that the price of plasticizer DOP will consolidate strongly.