Price trend

According to the monitoring of SunSirs, he price of plasticizer DOP stabilized after rising in June, and the growth rate of DOP market slowed down. As of June 18, the price of DOP in East China was 7,233.33 RMB/ton, which was an increase of 3.58% from the price of 6,983.33 RMB/ton at the beginning of the month; the DOP market rose slowly in June.

Analysis review   

Cost factor:

From the raw material phthalic anhydride trend chart, we can see that the price of DOP raw material phthalic anhydride stabilized after rising in June. DOP raw material prices have risen, DOP costs have risen, DOP has an upward momentum, phthalic anhydride market has stabilized, and DOP's upward momentum has weakened.

From the 2-EH price chart, it can be seen that the price of DOP raw material 2-EH rose sharply in June. The price of DOP raw materials has risen, the cost of DOP has risen, and the momentum for the rise of DOP has been greater.

Downstream market trend:

It can be seen from the PVC price chart that PVC prices stabilized after rising in June. The demand for DOP is mainly based on rigid demand, and the PVC market is stable, which is insufficient to support the rise of DOP.

Market outlook

According to DOP data analysts of SunSirs, the prices of plasticizer DOP raw materials phthalic anhydride and octanol rose volatility in June, which was positive for the DOP market. The recent price fluctuations of phthalic anhydride have stabilized, the growth rate of raw material prices has slowed, and the downstream PVC market has stabilized. The demand for DOP is mainly based on rigid demand, and the support for DOP is insufficient. In June, the growth rate of the DOP industry chain's up and down parade slowed down, DOP's upward momentum was limited, and DOP prices rose slightly. In the market outlook, DOP still has the upward momentum, and the DOP market is strong to maintain stability, or rise slightly.

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.