DOP prices soared and fell after the festival
| Azodicarbonamide (AC foaming Agent) |
According to the data monitoring of the business society, the DOP price fell after the sharp rise after the festival, and the DOP market was strongly adjusted. As of February 11, the DOP price was 12950 yuan / ton, up 13.35% from 11425 yuan / ton on February 1 at the beginning of the month. The sharp rise in crude oil price accumulated the rising demand for replenishment after the holiday, which stimulated the sharp rise in DOP price. After replenishment, DOP price fell.
After a sharp rise in prices
According to the price monitoring of business society, the price of domestic isooctanol fell after the sharp rise after the festival, with an increase of 15.10% this week. During the Spring Festival, the price of crude oil soared, the stock replenishment increased after the festival, the demand rose, and the price of isooctanol soared. Customers had great resistance to high priced octanol. After the stock replenishment, the high price of isooctanol fell, and the demand for isooctanol was weak. In the future, the isooctanol market fluctuated and stabilized, the upward momentum of DOP weakened, and the downward pressure remained.
The price of phthalic anhydride stabilized after rising
According to the price monitoring of the business community, the price of phthalic anhydride stabilized after the rise after the festival. As of February 11, the price of phthalic anhydride was 8525 yuan / ton, up 7.54% from 7925 yuan / ton on February 1 at the beginning of the month. After the festival, the price of phthalic anhydride rose, the demand for phthalic anhydride was temporarily stable, the price of phthalic anhydride stabilized in the future, the price of DOP raw materials stabilized, and the cost support weakened.
| povidone Iodine |
PVC market fluctuated and rose
According to the price monitoring of business society, the price of PVC fluctuated and rose after the festival, and the PVC market rose. As of February 11, the price of PVC was 8920 yuan / ton, up 5.40% from 8460 yuan / ton on February 1 at the beginning of the month. During the Spring Festival, the sharp rise in crude oil prices stimulated the rise in PVC prices, the economic recovery after the festival and the increase in rigid demand for PVC; The overall demand for plasticizer is rising, and the DOP market is relatively bad.
Future expectations
According to DOP data analysts of business agency, the soaring price of crude oil during the Spring Festival accumulated the impact of replenishment of downstream customers after the festival, the prices of raw materials isooctanol and phthalic anhydride rose sharply after the festival, and the cost of DOP rose; With the completion of replenishment, the high price of raw materials fell, the upward momentum of DOP weakened, and the downward pressure increased. In the future, the economic environment recovers slowly, the demand for plasticizers increases slowly, the upward momentum of DOP is still weakening, and the price shock of DOP is expected to stabilize.
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