SunSirs: Costs and Supply Decreased, and DOP Prices Fluctuated and Fell

This week, the price of plasticizer DOP fluctuated and fell 

According to the Commodity Market Analysis System of SunSirs, as of July 14th, the DOP price was 8,084.17 RMB/ton, a fluctuating decrease of 2.12% compared to the DOP price of 8,259.17 RMB/ton on July 7th. This week, DOP production decreased, and the operating rate of the plasticizer DOP industry dropped to around 40%. Plasticizer production had also decreased, and plasticizer prices had fluctuated and fallen. The price of raw material isooctanol fluctuated and fell, while the price of phthalic anhydride remained weakly consolidated. The cost support for plasticizers weakened, and the supply decreased, resulting in a decrease in costs. As a result, the price of plasticizers fluctuated and fell.

This week, the price of raw material isooctanol fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of July 14th, the price of isooctanol was 7,550 RMB/ton, a fluctuating decrease of 2.37% compared to the price of 7,733.33 RMB/ton on July 7th. This week, the price of isooctanol fluctuated and fell. The isooctanol enterprise equipment resumed this week, the operating rate of isooctanol equipment increased, the production of isooctanol increased, and the supply of isooctanol increased; As supply increased and demand decreased, the price of isooctanol fluctuated and fell.

This week, the price of raw material phthalic anhydride was weakly stabilizing

According to the Commodity Market Analysis System of SunSirs, as of July 14th, the price of OX method phthalic anhydride was 6,800 RMB/ton, which fluctuated and fell by 0.24% compared to the price of 6,816.67 RMB/ton on July 7th. This week, the price of OX stabilized, the price of industrial naphthalene fluctuated and stabilized, and the cost support of phthalic anhydride still existed. The maintenance of phthalic anhydride equipment increased this week, the operating rate of phthalic anhydride enterprises had decreased, the supply of phthalic anhydride had decreased, and the downstream plasticizer market had fluctuated and fallen. The operating load of plasticizer enterprise equipment had decreased, and the demand support for phthalic anhydride had weakened. Supply decreased and demand weakened, resulting in weak consolidation of phthalic anhydride prices this week.

Market outlook

According to the plasticizer products data analyst of SunSirs, in terms of cost, the price of isooctanol fluctuated and fell, the price of phthalic anhydride weakened and stabilized, and the cost support of plasticizer DOP weakened; On the supply side, plasticizer enterprises saw a decrease in production, a reduction in plasticizer output, and a decrease in plasticizer supply. Overall, the reduction in supply led to a decrease in costs, and it is expected that the price of plasticizer DOP will fluctuate and fall in the future.

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