The price of plasticizer DOP fluctuated and fell this week

According to the Commodity Market Analysis System of the Business Society, as of September 14th, the price of DOP was 11566.67 yuan/ton, a decrease of 2.18% from the price of 11825 yuan/ton on September 7th. The prices of raw materials have fallen, the cost of plasticizers has decreased, and the price of plasticizer DOP has fluctuated and fallen this week.

The price of isooctanol fluctuated and fell this week

According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on September 14th was 12200 yuan/ton, a decrease of 5.72% compared to the price of 12940 yuan/ton on September 7th. The domestic isooctanol plant has started operation and restarted, with sufficient supply of isooctanol. The price of raw material propylene has decreased, and the price of isooctanol has fluctuated and fallen.

The market of raw material phthalic anhydride fluctuates and rises

According to the market analysis system for phthalic anhydride products of the Business Society, as of September 14th, the quotation for neighboring phthalic anhydride was 8737.50 yuan/ton, an increase of 0.87% compared to the price of 8662.50 yuan/ton on September 7th. The price of naphthalene phthalic anhydride fluctuates and increases, leading to an increase in the price of raw materials for phthalic anhydride. The willingness to sell phthalic anhydride has increased, and the price of phthalic anhydride has increased. Downstream procurement enthusiasm is poor, and there is a significant resistance to high priced phthalic anhydride. In the future, the price of phthalic anhydride will remain stable.

Future expectations

Analysts from Business Society’s plasticizer product data believe that in terms of raw materials, the prices of isooctanol have fluctuated and fallen, while the prices of phthalic anhydride have continued to rise weakly, resulting in a decrease in the DOP cost of plasticizer products; PVC prices have fluctuated and fallen, with average enthusiasm for downstream PVC procurement and insufficient support for plasticizer demand. In the future, against the backdrop of weak supply and demand for plasticizers, there is insufficient demand support for cost reduction, and it is expected that the price of plasticizer DOP will fluctuate and fall.