SunSirs: Under the Influence of Cost, DOP Prices Stopped Falling and Rebounded

Plasticizer DOP prices stopped falling and rebounded 

According to the Commodity Market Analysis System of SunSirs, as of June 13th, the DOP price was 8,250.83 RMB/ton, which rebounded and increased by 0.10% compared to the DOP price of 8,242.50 RMB/ton on June 11th ; Compared to the DOP price of 8,267.50 RMB/ton on June 6th,  it first fell and then rose, with a decrease of 0.20%. This week, DOP prices rebounded and rose, plasticizer companies' operating loads decreased, DOP production decreased, and DOP prices fluctuated and fell; As the price of raw material isooctanol rebounded and stopped falling, the price of phthalic anhydride fluctuated and rose, and the cost of plasticizers rebounded and stopped falling, the price of plasticizers first fell and then rose.

The price of raw material isooctanol stopped falling and rebounded

According to the Commodity Market Analysis System of SunSirs, as of June 13th, the price of isooctanol was 7,390 RMB/ton, a fluctuating decrease of 2.12% compared to the price of 7,550 RMB/ton on June 6th; Compared to the price of isooctanol at 7,383.33 RMB/ton on June 11th, the price rebounded and rose by 0.09%. This week, the price of isooctanol fluctuated and fell, downstream plasticizer production decreased, demand for isooctanol decreased, and the price of isooctanol fluctuated and fell. The price of crude oil continued to rise, and the cost of raw materials for isooctanol had significantly increased. The support of raw material costs for isooctanol had increased, and the price of isooctanol rebounded and stopped falling.

Raw material phthalic anhydride prices fluctuated and rose

According to the Commodity Market Analysis System of SunSirs, as of June 13th, the price of OX method phthalic anhydride was 6,916.67 RMB/ton, which rebounded and increased by 0.97% compared to the price of phthalic anhydride of 6,850 RMB/ton on June 6th; The price of phthalic anhydride fluctuated and fell by 0.48% from 6,950 RMB/ton on June 1st. This week, the price of phthalic anhydride remained stable, while the price of industrial naphthalene fluctuated and rose. The cost support for phthalic anhydride increased, and the operating rate of phthalic anhydride enterprises decreased to 6.50%. The supply of phthalic anhydride decreased, and the downstream plasticizer market rose. The demand support for phthalic anhydride still existed. The price of phthalic anhydride rose, and the cost of DOP raw materials increased.

Market outlook

According to the plasticizer products data analyst of SunSirs, in terms of cost, the price of isooctanol rebounded and stopped falling, while the price of phthalic anhydride had fluctuated and risen. The cost of plasticizer DOP first fell and then rose; In terms of demand, the demand for plasticizers had decreased. In the future, with cost support, it is expected that the price of plasticizer DOP will stop falling and rebound.

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.