The price of plasticizer DOP fluctuated and increased this week

According to the Commodity Market Analysis System of the Business Society, as of August 8th, the price of DOP was 11191.67 yuan/ton, an increase of 7.87% compared to the price of 10375 yuan/ton on July 30th. The price of isooctanol has skyrocketed, the price of phthalic anhydride has fluctuated and increased, the cost of plasticizer DOP raw materials has increased, downstream demand has stabilized, and the operating rate of plasticizers has decreased to around 50%. The supply of plasticizers is insufficient, and the support for plasticizer increase has increased. The price of plasticizer DOP has fluctuated and increased.

The price of isooctanol skyrocketed this week

According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on August 8th was 11033.33 yuan/ton, an increase of 11.45% compared to the price of 9900 yuan/ton on July 30th. The planned and unexpected fluctuations in domestic octanol units have led to continuous tightening of the supply side, resulting in continuous increases in octanol prices. The inventory of isooctanol is low, and the market center has shifted upwards. This week, the price of isooctanol has skyrocketed, and the cost of plasticizer DOP raw materials has increased. As the price of isooctanol has risen to a high level, buying sentiment has become cautious. In mid to late August, two sets of isooctanol units in Shandong and Jiangsu are planned to restart, and the supply side of the isooctanol market is expected to be loose. However, there is insufficient support for the rise of isooctanol in the future.

The market of raw material phthalic anhydride fluctuates and rises

According to the market analysis system for phthalic anhydride products of the Business Society, as of August 8th, the quotation for neighboring phthalic anhydride was 8750 yuan/ton, an increase of 3.40% compared to the price of 8462.50 yuan/ton on July 30th. The operation of domestic phthalic anhydride plants is stable, and the operating rate of domestic phthalic anhydride is maintained at over 60%. The supply of phthalic anhydride goods is normal. Recently, there has been an increase in export orders for phthalic anhydride, and the supply of goods has been slightly tight. In addition, the price of naphthalene phthalic anhydride has risen, leading to a significant increase in the price of ortho benzene and ortho phthalic anhydride. The transaction situation of phthalic anhydride is good, and the market situation is rising. The cost of raw materials has increased, and the driving force for the cost increase of plasticizers has increased.

Future expectations

Business Society plasticizer product data analysts believe that the resumption of production of isooctanol, the insufficient support for the surge in isooctanol prices, the fluctuating rise in phthalic anhydride prices, and limited support for the increase in DOP cost of plasticizer products; The downstream PVC procurement enthusiasm is average, and the demand for plasticizers is weak; The low operating rate of plasticizer enterprises is stabilizing, and the supply of plasticizers is temporarily stable. In the future, the support for cost increases is insufficient, the supply of plasticizers is temporarily stable, while demand is weak. The support for the rise of plasticizer DOP is insufficient, and it is expected that the price of plasticizer DOP will fluctuate and consolidate.