The price of plasticizer DOP fluctuated and fell in April 

According to the Commodity Market Analysis System of SunSirs, as of April 9th, the DOP price was 8,192.50 RMB/ton, a fluctuating decrease of 1.16% from the DOP price of 8,288.75 RMB/ton on April 1st . Plasticizer DOP enterprises are operating at a high level, and the supply of plasticizer DOP was sufficient; The price of PA fluctuated and fell, the price of isooctanol fluctuated and fell, the cost of plasticizer DOP decreased, the support for plasticizer rise weakened, and the downward pressure increased.

The price of raw material isooctanol fluctuated and fell in April

According to the Commodity Market Analysis System of SunSirs, as of April 9th, the price of isooctanol was 7,600 RMB/ton, a fluctuating decrease of 1.94% compared to the price of 7,750 RMB/ton on April 1st. The equipment of isooctanol enterprises was operating at a high level, and isooctanol manufacturers had sufficient supply; Plasticizer manufacturers had stable production, but demand for isooctanol has weakened, resulting in fluctuating prices and increased downward pressure on isooctanol.

The price of raw material PA fluctuated and fell in April

According to the Commodity Market Analysis System of SunSirs, as of April 9th, the price of OX menthod PA was 7,383.33 RMB/ton, a fluctuating decrease of 0.67% compared to the price of 7,433.33 RMB/ton on April 1st. The equipment operating load of PA manufacturers remained low and stable, coupled with weak downstream demand, the support for PA price increases has weakened, and PA prices have fluctuated and fallen. The cost support of plasticizer raw materials has decreased.

Tariffs raised concerns, downstream demand for plasticizers intensified with weak demand

Domestic end users have resumed production, but the increase in new orders was slow, and many end users had available raw material inventory, resulting in slow digestion of DOP market supply. In March, the increase in export market eased domestic supply pressure. In April, the US increased tariffs on Chinese goods, causing market concerns. At the same time, the purchasing sentiment of foreign trade enterprises towards the DOP market sharply cooled down. Under the bearish sentiment in the market, domestic trade demand also weakened, and the market buying atmosphere plummeted. Market inventory increased, and downstream demand weakened, resulting in sufficient supply.

Market outlook

According to the plasticizer productsdata analyst of SunSirs, in terms of cost, the price of isooctanol has fluctuated and fallen, the price of PA has fluctuated and fallen, and the cost of plasticizer DOP has decreased; On the demand side, downstream production was slowly recovering, coupled with the impact of US tariffs, the weak demand for plasticizers was intensifying; On the supply side, the expected operating load of DOP enterprises has decreased, and the expected supply of DOP has weakened. In the future, with the decrease in costs and weakened supply, coupled with the worsening weak demand for plasticizers, it is expected that the price of plasticizer DOP will fluctuate and fall in the future.

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