Price trend
According to the data monitoring of SunSirs, the price of DOP was temporarily stable on May 17, and the DOP market stabilized. On May 17, the DOP price was 11,925 RMB/ton, an increase of 0.42% from the DOP price of 11,875.00 RMB/ton on the previous trading day; the DOP cost fluctuated and stabilized, and the DOP market stabilized strongly.
Analysis review
The price of raw material isooctanol stabilized, the price of phthalic anhydride was adjusted weakly and fluctuated, and the cost of DOP stabilized; the price of downstream plastic PVC stabilized with fluctuations, and the demand was general; the downward pressure of DOP still existed, and the upward momentum was strong.
Market outlook
The cost is stable, the demand is temporarily stable, the DOP has a strong upward momentum, and the downward pressure still exists. It is expected that the DOP price will fluctuate and stabilize in the future.
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