DOP prices rose first and then fell this week
| Sodium Molybdate |
According to the data monitoring of the business community, as of December 16, the DOP price was 9960 yuan/ton, up 2.04% from 9761 yuan/ton on December 9. The price of raw materials rose, the cost of DOP rose, the price of DOP rose first and then fell, and the DOP market was adjusted strongly.
The price of raw material isooctanol rises in shock
According to the price monitoring of the business community, as of December 16, the price of isooctanol was 9666.67 yuan/ton, up 5.84% from 9133.33 yuan/ton on December 9. The price of isooctanol rose in shock, the cost of DOP rose, and the impetus for DOP to rise increased.
The price of raw material phthalic anhydride fell first and then rose
According to the price monitoring of the business community, as of December 16, the quotation of phthalic anhydride by o-benzene method was 8175 yuan/ton, up 0.31% from the price of 8150 yuan/ton on December 9. The price of ortho phthalic anhydride fell, the operating rate of ortho phthalic anhydride increased, the supply of phthalic anhydride increased, the price of ortho phthalic anhydride fell first and then rose, and the cost of DOP increased.
Future market expectation
According to the DOP data analysts of the business agency, the price of raw material isooctanol rose first and then fell this week, the price of phthalic anhydride fell first and then rose, and the cost of DOP rose. The downward pressure on DOP weakened and the upward momentum increased. In the future, the demand for rising DOP costs is still weak, and it is expected that DOP prices will become stable in the future.
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