Price trend
According to the data monitoring of SunSirs, the DOP price rose on September 15, and the DOP market recovered. On September 15, the DOP price was 10,187.50 RMB/ton, up 2.13% from 9,975 RMB/ton on September 14.
On September 14, the DOP commodity index was 71.97, up 0.18 points from previous day, down 36.57% from the cycle's highest point of 113.46 points(2021-08-04), and up 74.98% from the lowest point of 41.13 points on April 7, 2020. (Note: the cycle refers to 2011-09-01 to now). The price of raw materials rose, the cost of DOP rose, and the market of DOP rose.
Analysis review
The price of raw material 2-EH rose, the price of PA rose, and the cost of DOP rose; The price of downstream plastic PVC was stabilizing, and the demand was temporarily stable; The plasticizer's downward pressure weakened and the upward momentum increased.
Market outlook
The cost increases, the demand was temporarily stable, the momentum of DOP increased, and the downward pressure was weakened. It is expected that DOP prices will rise in a volatile way in the future.
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