Price trend

According to the data monitoring of SunSirs, the plasticizer DOP market fluctuated and stabilized this week. As of August 24, the DOP price was 7,000.00 RMB/ton, which was stable compared to the previous weekend (August 16) DOP price of 7,000.00 RMB/ton, and a slight decrease of 3.23% compared with last year.

Analysis review

The upstream market of the industrial chain

It can be seen from the phthalic anhydride chart that the price of DOP raw material phthalic anhydride fluctuated and fell in August. This week, the price of phthalic anhydride fluctuated and stabilized. The cost of DOP fell but the decline slowed down, and the downward pressure on DOP remained.

From the 2-EH price chart, it can be seen that the price of 2-EH fluctuated and fell in August. This week, the price of 2-EH fell sharply, the cost of DOP decreased, and the downward pressure of DOP increased.

The downstream market of the industrial chain

From the PVC price chart, it can be seen that PVC prices rebounded in August and the PVC market rebounded; PVC prices fluctuated up this week, plasticizer DOP went up, and plasticizer DOP increased momentum.

Market outlook

According to DOP data analysts of SunSirs, the performance of the ups and downs in the DOP industry chain this week was mixed, with raw material prices fluctuating and falling, DOP costs fell, and DOP falling pressure increased; on the downstream side, the PVC market rebounded and PVC prices rose, which is positive for the DOP market, DOP's upward momentum increased. Under the completely opposite performance of upstream and downstream, DOP market stabilized this week. Looking at the market outlook, DOP's upward momentum and downward pressure coexist, and it is not enough to support a sharp rise or fall in DOP prices; DOP market outlook is stable, and mainly wait and see.

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