This week, the price of plasticizer DOP first rose and then fell

According to the Commodity Market Analysis System of SunSirs, as of March 14th, the DOP price was 8,113.75 RMB/ton, which first increased and then decreased by 0.31% compared to the DOP price of 8,138.75 RMB/ton on March 7th; Compared to the DOP price of 8251.25 RMB/ton on March 10th, it fluctuated and fell by 1.67%. The increase in production of plasticizer DOP enterprises has led to an increase in the supply of plasticizer DOP; The price of PA fluctuated and rose, while the price of isooctanol first rose and then fell. The cost support of plasticizer DOP decreased, and the downward pressure on plasticizers increased.

This week, the price of raw material isooctanol first rose and then fell

According to the Commodity Market Analysis System of SunSirs, as of March 14th, the price of isooctanol was 7,466.67 RMB/ton, which first rose and then fell compared to the price of 7,466.67 RMB/ton on March 7th, and fluctuated and fell by 0.58% compared to the price of 7510 RMB/ton on March 10th. The new production capacity of isooctanol has been put into operation, and the supply of isooctanol has increased, shifting from supply shortage to oversupply. The price of isooctanol has fluctuated and fallen, and the cost of plasticizer DOP has decreased.

Demand for plasticizers Decreased

The slow start of terminal demand and weak demand for plasticizers have led to a certain degree of inventory pressure in the plasticizer industry. Unsaturated resins and other downstream industries were also facing problems such as slow terminal delivery and insufficient consumption. The growth of plasticizer demand was slow, and the support for plasticizer price increases was insufficient.

Market outlook

According to the data analyst of SunSirs' plasticizer products, in terms of cost, the price of isooctanol first rose and then fell, the price of PA fluctuated and rose, and the cost of plasticizer DOP decreased; In terms of demand, downstream production was slowly recovering, and the demand for plasticizers was decreasing; On the supply side, the operating load of DOP enterprises has increased, leading to an increase in DOP supply. In the future, as costs decrease and supply increases, coupled with weak demand for plasticizers, it is expected that the price of plasticizer DOP will fluctuate and fall.

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