SunSirs: The Operating Rate of Plasticizer Manufacturers is At a Low Level
August 24 2023 10:29:38DOP latest price (August 23): 11933.33 RMB/ton, bullish in the future
Key points of analysis: In terms of raw materials, the operation of isooctanol has not yet resumed, and the price of isooctanol continues to rise, increasing by 2.87% compared to the previous trading day.. The price of Naifa phthalic anhydride rebounded and rose, while the price of ortho phthalic anhydride was supported by costs, resulting in a stalemate in the price of ortho phthalic anhydride; On the supply side: The operating rate of plasticizer enterprises is low, and the supply of plasticizers is tight; In terms of demand, the economic recovery is less than expected, the demand for PVC and other plastic products is poor, and downstream customers of plasticizers have insufficient purchasing enthusiasm.
Future prediction: Against the backdrop of weak supply and demand of plasticizers, raw material costs will rise, and support for DOP increases will increase. It is expected that DOP prices will fluctuate and rise in the future.
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