DOP price stops rising and wants to fall
According to the data monitoring of business society, affected by the rise in raw material prices, DOP prices rose all the way in July. As of July 29, the DOP price was 15725.00 yuan / ton, up 18.23% from the DOP price of 13300.00 yuan / ton on July 1. However, it can be seen from the DOP price trend chart that since the latter ten days, the increase of DOP has slowed down. After the 26th, the DOP price has stabilized. On the 29th, the DOP price fell slightly and the DOP line lust fell.
The situation of raw material market is surging
It can be seen from the isooctanol price trend chart that the isooctanol market rose sharply in July, the isooctanol price rose as high as 20% in July, the cost of DOP rose sharply in July, and the rising power of DOP was large. The price rise of isooctanol began to slow down in the lower reaches, and the upward momentum of DOP in the future weakened.
As can be seen from the phthalic anhydride price trend chart, the phthalic anhydride market rose violently in July, and the phthalic anhydride price rose all the way in July, with an increase of 5%. The upward momentum of DOP increased, stimulating the rise of DOP.
The downstream market is under pressure
As can be seen from the PVC price trend chart, the PVC market rose slightly in July. Since late July, the PVC price has fallen slightly, the downstream demand of DOP is weak, and the downstream downward pressure of DOP is increasing.
Market overview and future expectations
Bai Jiaxin, DOP data analyst of business agency, believes that the price of plasticizer DOP rose sharply in July, stimulating DOP prices to rise. However, although the downstream PVC continues to be high affected by the rise of calcium carbide, the rise of PVC price is relatively stable, the PVC cost pressure is increasing, the downstream cost pressure is transmitted to the upstream, the upward driving force of DOP is weakened, and the downward pressure is increased. Overall, the price of raw materials stabilized, the rising power of raw materials weakened, the downstream cost pressure was transmitted, there was no room for the rise of plasticizer DOP, the downward pressure increased, and the desire of plasticizer DOP fell in the future.
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