Last week, the price of plasticizer DOP stopped falling and rose
According to the Commodity Market Analysis System of SunSirs, as of April 21st, the DOP price was 8,159.16 RMB/ton, which fluctuated and stabilized compared to the DOP price of 8,159.16 RMB/ton on April 14th; Compared to the DOP price of 8142.50 RMB/ton on April 17th, it fluctuated and rose by 0.20%. The production of plasticizer DOP enterprises has stabilized at a low level, the output of plasticizer DOP has remained stable, the price of PA has rebounded and risen, the price of isooctanol has stopped falling and risen, the cost of plasticizer DOP has increased, and the cost increase combined with weak supply and demand has increased the support for plasticizer rise and weakened the downward pressure.
Last week, the price of raw material isooctanol stopped falling and rose
According to the Commodity Market Analysis System of SunSirs, as of April 21st, the price of isooctanol was 7,533.33 RMB/ton, a fluctuating increase of 1.57% compared to the price of 7,416.67 RMB/ton on April 17th; Compared to the price of 7,850 RMB/ton on April 4th, the price of isooctanol has decreased by 4.03%. Last week, the price of isooctanol was the lowest in 21 years. Isooctanol enterprises have started production at a low level and remained stable, while the supply from isooctanol manufacturers has temporarily stabilized. The downward pressure on isooctanol prices has weakened, and the upward support has increased. The cost of plasticizers has stopped falling and risen.
Last week, the price of raw material PA rebounded and rose
According to the Commodity Market Analysis System of SunSirs, as of April 21, the price of PA in neighboring countries was 7,166.67 RMB/ton, an increase of 0.94% compared to the price of 7,100 RMB/ton on April 17; Compared to the price of PA at 7,216.67 RMB/ton on April 14th, it fluctuated and fell by 0.69%. The equipment production of PA manufacturers was slowly recovering, and downstream procurement was concentrated last week. The demand support for PA still existed. The cost support of plasticizer raw materials has increased.
Market outlook
According to the plasticizer products data analyst of SunSirs, in terms of cost, the price of isooctanol has rebounded, the price of PA has rebounded and risen, and the cost of plasticizer DOP has increased; In terms of demand, downstream production remained weak, and US tariffs affected the expected demand for plasticizers in the market, resulting in continued weak demand for plasticizers. In the future, with rising costs and weak supply and demand, it is expected that the price of plasticizer DOP will strongly stabilize.
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