In October, the price of plasticizer DOP rose sharply and stabilized after falling sharply

According to the data monitoring of the business society, the DOP price plummeted in October, and the overall DOP market returned to stability after the sharp rise and fall in October. Affected by centralized procurement after the National Day holiday and manufacturers’ power rationing and production reduction, DOP prices soared by 18.38% from October 1 to 11; With the end of centralized procurement and the recovery of plasticizer manufacturers, DOP prices plummeted. From October 12 to October 19, DOP prices plummeted by 11.60%; After a week of sharp decline, the DOP market entered a relatively calm period. From the 20th to the 27th, the DOP price fluctuated slightly, down only 3.47%. As of October 27, the DOP price was 12500 yuan / ton, up 1.4% from the DOP price of 12375 yuan / ton on October 1; Overall, DOP prices fluctuated and stabilized in October.

In October, the price of isooctanol soared, plummeted and fluctuated continuously

According to the price monitoring of business society, the price of isooctanol soared and plummeted in October. In early October, the price of isooctanol soared due to the impact of centralized procurement after the festival and the soaring price of raw material coal to syngas; With the end of centralized procurement, the demand for isooctanol declined, the downstream PVC price of plasticizer plummeted, the purchasing intention of plasticizer manufacturers declined seriously, and the downstream manufacturers of plasticizer no longer paid for the high price, the high price isooctanol lost support, the downward pressure of isooctanol increased, and the price of isooctanol plummeted; After that, the high price of isooctanol raw material coal syngas stimulated the rise of isooctanol price. However, with the national macro-control, the rising momentum of coal related products was blocked, the rise of isooctanol was frustrated again, and the price of isooctanol fell again. However, due to the high cost of isooctanol, there is limited room for the decline of isooctanol in the future.

The price of phthalic anhydride continued to rise in October

According to the price monitoring of the business community, the price of phthalic anhydride continued to rise in October. Affected by the rise in the price of phthalic anhydride and the start-up of downstream plasticizer manufacturers, the demand for phthalic anhydride increased, the phthalic anhydride market continued to be strong, the cost of DOP rose sharply, and the driving force of DOP rise increased.

PVC rose first and then fell in October

According to the price monitoring of the business society, the PVC price first rose and then fell in October. After the festival, PVC manufacturers purchased intensively, and the PVC price rose sharply. As of October 12, the PVC price soared by 15.2%; After centralized procurement, the price of PVC plummeted. As of October 27, the price of PVC plummeted by 23.75% compared with October 12. As of October 27, PVC prices fell by 12.02% in October; Overall, the PVC market plummeted in October, the demand for plasticizers declined, the downstream customers of plasticizers were less motivated to purchase, and the downward pressure on DOP prices was great.

Future expectations

Bai Jiaxin, a DOP data analyst at the business agency, believes that in early October, affected by the centralized procurement after the festival and the reduction of power supply, the market demand surged in the short term, the supply shortage intensified, and the product price of the plasticizer industry chain soared; After the end of centralized procurement, the start of plasticizer manufacturers picked up, the supply of plasticizer increased, the demand decreased, and the product price of plasticizer industrial chain plummeted. After two weeks of adjustment, after the 20th, the supply and demand of plasticizer industry chain products are relatively balanced, and the price of plasticizer has entered a relatively stable period. The main influencing factors of plasticizer DOP price are raw material cost and downstream purchase intention. The price of DOP raw material phthalic anhydride continued to rise in October, and the price of isooctanol rose first and then fell. After October, the price still kept rising slightly, the cost of DOP was high, and the space for DOP to fall was limited; Downstream PVC prices continued to decline, downstream demand for high DOP was insufficient, procurement intention declined seriously, and DOP fell under great pressure. Overall, DOP has great downward pressure in the future, and DOP prices are expected to fluctuate slightly.