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SunSirs: Views on the Trend of DOP on August 9

August 10 2022 10:14:10     SunSirs (John)

Price trend

According to the data monitoring of SunSirs, the price of DOP was temporarily stable on August 9, and the DOP market stabilized. On August 9, the price of DOP was 9,125 RMB/ton, which was stable compared with the price of 9,125 RMB/ton on the previous trading day. Recently, the price of DOP was close to the cost line, the demand was stable, and the DOP market was strong and temporarily stable.

Analysis review

The price of 2-EH, a raw material, fluctuated and rose, the price of PA was temporarily stable, and the cost of DOP stabilized strongly. The price of downstream plastic PVC stopped falling and rose, and the demand was temporarily stable; the downward pressure on plasticizers still existed, and the upward momentum was large.

Market outlook

Costs are stable, demand is stable, DOP has a strong upward momentum, and downward pressure still exists. It is expected that DOP prices will fluctuate and stabilize in the future.

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