DOP trend view on September 22

DOP prices fell against the market this week

According to the data monitoring of the business agency, the DOP price was temporarily stable on September 22, and the DOP market trend became stable. As of September 22, the DOP price was 13950.00 yuan / ton, which was stable compared with the price on September 18 of the previous trading day, and decreased by 5.34% compared with the DOP price of 14737.50 yuan / ton on September 1. DOP prices stabilized and the decline of DOP slowed down.

Overview of industrial chain Market

According to the price monitoring of business society, the price of raw material isooctanol is stabilizing, the price of phthalic anhydride is warming slightly, and the cost of DOP is stabilizing; The price of downstream plastic PVC rebounded and rose, and the demand was stable; The start-up of DOP manufacturers decreased, and the supply of DOP decreased.

Future expectations

Bai Jiaxin, a DOP data analyst at business agency, believes that the recent shock decline in the price of isooctanol has led to a decline in DOP prices; As the decline of isooctanol price slows down, the price of phthalic anhydride rises slightly and the cost of DOP rises. Affected by the dual control of environmental protection and energy consumption, PVC prices rebounded and rose, stimulating the rise of DOP prices. Generally speaking, the rising cost and the recovery of demand will increase the momentum of DOP rise in the future. DOP price is expected to be stable temporarily, and DOP price in the future will be strong and stable temporarily in the short term, with a rebound upward trend in the medium term.

POLYVINYL ALCOHOL