DOP price fell on September 5
| Thiourea |
According to the data monitoring of business association, DOP prices fell on September 5, and DOP prices fell back. On September 5, the DOP price was 9912.50 yuan / ton, down 1.37% from the DOP price of 10050 yuan / ton on the previous trading day; On September 5, the DOP commodity index was 71.52, down 0.99 points from yesterday, down 36.96% from 113.46 points (August 4, 2021), the highest point in the cycle, and up 73.89% from 41.13 points, the lowest point on April 7, 2020. (Note: the period refers to September 1, 2011 to now). Raw material prices fell, DOP costs fell, and DOP prices fell.
Key points of analysis
The price of raw material isooctanol fell, the price of phthalic anhydride temporarily stabilized, and the cost of DOP fell; The price of downstream plastic PVC is weak and stable, and the demand is temporarily stable; The downward pressure of plasticizers increased and the upward momentum weakened.
Future market expectations
The demand for cost reduction is temporarily stable, the upward momentum of DOP is weakened, and the downward pressure is increased. It is expected that the DOP price will fluctuate and fall in the future.
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