DOP price rose on February 21

According to the data monitoring of the Business Agency, as of February 21, the price of DOP was 9890 yuan/ton, up 1.96% from 9700 yuan/ton on February 20 of the previous trading day. The cost rose, and the DOP price rose again on February 21.

Analysis points

The price of isooctanol stopped rising, the price of phthalic anhydride stabilized strongly, the cost of DOP raw materials stabilized strongly, and the downward pressure of DOP weakened and the upward momentum remained; Downstream procurement is general, PVC prices fluctuate and rise, the demand for plasticizers warms up, and the downward pressure of plasticizer DOP weakens, and the upward momentum remains.

Aftermarket expectation

The cost is strong, the demand is stable, and the plasticizer DOP is mixed. It is expected that DOP will consolidate strongly in the future.

Trade name: isooctanol

Latest price (February 20): 9266.67 yuan/ton

The ex-factory price of isooctanol in Shandong Province fell slightly on February 20, down 233.33 yuan/ton, or 2.46%, from February 17, and 28.72% year-on-year. The upstream propylene price rose slightly, the cost support was general, the downstream DOP market fell slightly, and the downstream demand weakened. Under the contradiction between supply and demand, the product trend is downward.

Recently, the ex-factory price of isooctanol in Shandong Province may fall slightly: the manufacturer’s quotation is around 9000 yuan/ton.

1、 Price trend

According to the monitoring data of the Business News Agency, the average price of PS common material at the beginning of this week was 9600 yuan/ton, and the average price of PS common material at the weekend was 9366 yuan/ton, with a decrease of 2.43%.

2、 Market analysis

At present, the PS market price is lower. Merchant shipments are not smooth.

At present, styrene is rising, boosting the market atmosphere to a certain extent. Downstream procurement is not in good spirits, the supply of goods is slow to digest, and business confidence is still insufficient. The mainstream price of GPPS (polyphenylene sulfide) in the East China market is 8850-10600 yuan/ton, and the mainstream price of HIPS (polystyrene) is 9650-10650 yuan/ton.

3、 Aftermarket forecast

PS market transactions are light, and some manufacturers’ quotations are weak. It is expected that the domestic PS (polystyrene) market will fluctuate in a narrow range in the short term.

According to the block list data of the Business News Agency, the price of tetrahydrofuran fell this week. At the beginning of the week, the average price of tetrahydrofuran was 16860.00 yuan/ton. On Thursday, the average price of tetrahydrofuran was 16500.00 yuan/ton, down 2.14%.

At present, the quotation of tetrahydrofuran enterprises has been lowered. Cost support still exists, and suppliers continue to support the market. However, the downstream view of the future market is cautious, and the real order follow-up is limited and the price is negotiated, and the holders negotiate the real order on the market.

The tetrahydrofuran analyst of the business agency believes that the domestic tetrahydrofuran downstream PTEMG spandex market is stable, the demand is weak, and the cost side support becomes stronger. In the short term, the tetrahydrofuran market as a whole will still be weak

The price of o-xylene temporarily stabilized on February 14

According to the price trend chart of ortho-xylene of the business community, the price of ortho-xylene was 7800 yuan/ton as of February 14, which was temporarily stable compared with 7800 yuan/ton of ortho-xylene on February 13; The price of o-xylene was temporarily stable compared with 7800 yuan/ton on February 1. The o-xylene industry chain has warmed up, and the domestic o-xylene market is temporarily stable.

Analysis points

The price of mixed xylene, the raw material, fell first and then rose in February, and the mixed xylene stabilized at a high level and the cost of raw materials rose; The price of downstream phthalic anhydride fell first and then rose in February. The market of downstream phthalic anhydride remained stagnant. The demand for o-xylene was temporarily stable, and the upward momentum of o-xylene price remained under downward pressure.

Future prospects

The raw materials are consolidated at a high level, the downstream market is stagnant, and the demand for rising costs recovers. It is expected that the market for ortho-xylene will stabilize in the future.