This week, the price of plasticizer DOP fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of December 12th, the price of DOP was 7150 yuan/ton, a fluctuating decrease of 0.82% compared to 7209.16 yuan/ton on December 5th. The price of isooctanol has fluctuated and fallen, while the cost of DOP has decreased; The operating load of plasticizer DOP enterprises has decreased, the operating rate has dropped to 62%, and the DOP production has decreased. The cost of DOP has decreased, coupled with a reduction in supply, causing the price of plasticizers to fall from high levels.
The production of plasticizer DOP manufacturers has decreased
This week, there has been an increase in maintenance for DOP manufacturers, resulting in a decrease in their operating load and a 62% operating rate. The DOP production this week is 28000 tons, which is temporarily stable compared to last week, but has decreased compared to last month. The DOP production has decreased, leading to a decrease in DOP supply and a weakening of the upward momentum for DOP.
The price of raw material isooctanol fluctuated and fell
According to the Commodity Market Analysis System of Shengyi Society, as of December 12th, the price of isooctanol was 7033.33 yuan/ton, a decrease of 0.47% from the high of 7066.67 yuan/ton on December 5th. This week, the maintenance of isooctanol equipment in enterprises has decreased, and the operating load of isooctanol enterprises has slightly increased. The operating rate of isooctanol has increased to 75%, and the supply of isooctanol is sufficient; The price of propylene has risen strongly, and the cost support of isooctanol is significant; The supply of isooctanol is sufficient, coupled with cost support, and the driving force for the price increase of isooctanol still exists. The price of isooctanol has fluctuated and fallen, and the cost of plasticizers has decreased. The downward pressure on DOP still exists, and the upward support has weakened.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the high price of isooctanol has fallen, and the support for the increase in plasticizer DOP costs has weakened; In terms of supply, the operating rate of plasticizer enterprises is weak and stable, the production of plasticizers is stable, and the supply of plasticizers is sufficient. In the future, with cost reduction and limited supply and demand, it is expected that the price of plasticizer DOP will remain weak and consolidate.

This week, the domestic market price of anhydrous hydrogen fluoride remained stable. According to the analysis system of Shengyi Society, as of December 5th, the benchmark price of hydrofluoric acid in Shengyi Society was 12733.33 yuan/ton, an increase of 1.6% from the end of last month.
Raw material side: The sustained high price of sulfuric acid this week has led to increased cost pressure for hydrofluoric acid enterprises. The price of fluorite is running weakly and steadily, and overall the support on the raw material side is still acceptable. The anhydrous hydrogen fluoride market is maintaining stable operation. As of December 5th, the benchmark price of sulfuric acid in Shengyi Society was 985.00 yuan/ton, an increase of 1.81% compared to the beginning of this month (967.50 yuan/ton).
Demand side: Downstream demand side encounters traditional off-season, weak demand, insufficient overall consumption capacity, and mainly relies on on-demand procurement. Maintain a wait-and-see attitude and have low purchasing enthusiasm. Overall, the demand side has weak support for hydrogen fluoride, and it is expected that the hydrogen fluoride market will mainly operate weakly and steadily in the later stage.
Market forecast: The price of raw material fluorite remains stable, and the market price of sulfuric acid continues to operate at a high level. Cost pressures still exist, and coupled with the traditional off-season in the downstream, demand is weak, with rigid demand mainly being purchased. Overall, the downstream consumption capacity is insufficient. It is expected that the market for anhydrous hydrogen fluoride will mainly maintain stable operation in the later stage. More attention should be paid to changes in market supply and demand.

1、 Price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the market price of isopropanol has been falling all the way in November. On November 1st, the average price of isopropanol in China was 5675 yuan/ton, and on November 28th, the average price was 5433.33 yuan/ton, a decrease of 4.26% compared to the beginning of the month.
The market price of isopropanol fell in November. In the first half of the year, the trading atmosphere on the exchange was poor, and the downstream purchasing atmosphere was weak, with the focus of transactions shifting towards the low-end. The price of acetone, a raw material, has declined in the middle of the month, with average cost support and lack of confidence among traders, resulting in a downward shift in transaction focus. In the latter half of the month, the trading atmosphere on the exchange was light, with downstream demand dominating and intermediaries following the market trend, resulting in a narrow decline in the market. As of now, most of the isopropanol market prices in Shandong are around 5300-5500 yuan/ton; The majority of prices in the isopropanol market in Jiangsu are around 5350-5600 yuan/ton.
In terms of raw material acetone, the domestic acetone market fluctuated and fell in November. On November 1st, the average price of acetone was 4275 yuan/ton, and on November 28th, the average price was 4225 yuan/ton, with a price reduction of 1.17%. At present, the trading atmosphere on the market is average, and the mentality of holders is under pressure, resulting in fluctuating and declining offers.
In terms of raw material propylene, the domestic propylene market increased in November. On November 1st, the market average was 6058.25 yuan/ton, and on November 28th, the average price was 6180.75 yuan/ton, with a price increase of 2.02%. At present, the shipment of propylene production enterprises has slowed down, and buying is mostly wait-and-see. It is expected that the market will weaken and fluctuate.
3、 Future forecast
The isopropanol analyst from Business Society Chemical Branch believes that the isopropanol market price will decline in November. At present, the trading atmosphere in the isopropanol market is light, with primary demand and cautious observation. It is expected that in the short term, isopropanol will mainly fluctuate within a certain range, and more attention will be paid to the trend of the raw material market.

According to the monitoring of the commodity market analysis system of Shengyi Society, the 1 # tin ingot market in East China has risen this month (11.1-11.30), with an average market price of 284350 yuan/ton at the beginning of the month and 300610 yuan/ton at the end of the month, a monthly increase of 5.72%.

In November, tin prices showed an overall trend of strong volatility. After a brief period of fluctuation at the beginning of the month, the price opened a unilateral upward channel and gradually rose throughout the month.
On the raw material side, the resumption of production in the Wa State mining area of Myanmar is relatively slow, resulting in limited supply of imported ore; At the same time, Indonesia has strengthened its control over mineral exports, and its refined tin exports in October decreased by 53.89% compared to the same period last year, further exacerbating the tension on the raw material side. On a global scale, the supply growth of tin ore appears weak, while the main smelting regions in China have maintained a low overall operating rate due to insufficient ore supply and persistently low processing fees.
On the supply side, the operating rate of smelters in Yunnan, Jiangxi and other places has slightly increased compared to the previous period. However, due to limitations in raw material supply, the current output is still at a historically low level.
On the consumer side, traditional industries such as consumer electronics and home appliances still have sluggish orders, and downstream enterprises mostly purchase only according to their basic needs. The high prices of products further suppress the enthusiasm of downstream enterprises to receive goods. At the same time, the demand for emerging application fields such as AI servers, photovoltaic strips, and new energy vehicles is growing rapidly, and has become the main driving force for the tin market demand. However, at present, the driving force of these emerging fields on tin consumption is limited in scale and cannot fully offset the impact of the decline in demand in traditional fields. The overall demand is gradually recovering slowly.
On the inventory side, in November, there were signs of a rebound in global explicit inventory, with both domestic and foreign inventories showing a cumulative trend. Specifically, domestic social inventory increased by 1141 tons compared to last month, reaching a total of 7825 tons; Meanwhile, LME inventory also saw a slight increase, rebounding to 3160 tons. Overall, the global explicit inventory is about 11000 tons, an increase of 1500 tons compared to last month. Despite some growth, the current global explicit inventory remains at historically low levels, which provides some support for tin prices.
Overall, in November, tin prices showed a fluctuating upward trend due to supply constraints, demand structure adjustments, and macroeconomic policy support. However, the weak consumer market and continuous increase in inventory also suppressed the rise in tin prices to some extent. In the short term, it is expected that tin prices will continue to fluctuate.

According to the Commodity Market Analysis System of Shengyi Society, on November 24th, the ex factory price of cyclohexanone in Shandong Province, China was referenced to 6350 yuan/ton, which was basically the same as November 1st (cyclohexanone price reference 6200 yuan/ton).

From November to present, the cyclohexanone market in Shandong has been fluctuating with ups and downs
From the Commodity Market Analysis System of Shengyi Society, it can be seen that from November to present, the domestic cyclohexanone market in Shandong has been operating in a “first falling and then rising” pattern. Within the month, the cyclohexanone market fluctuated with ups and downs. On November 24th, the ex factory price of cyclohexanone in Shandong was around 6300-6400 yuan/ton.
Lack of favorable support for the downward trend in the cyclohexanone market in the first half of the year
In the first half of the month, the cyclohexanone market in Shandong experienced a downward trend, with slow transmission of supply and demand. The weak supply and demand situation made it difficult to provide effective support to the market. In the first half of the month, the cyclohexanone market lacked clear positive support, and the market continued to decline. The focus of on-site negotiations continued to fall. On November 15th, Shandong cyclohexanone fell to the lowest point of the month, with a reference ex factory price of 6200 yuan/ton, a 2.36% drop in the first half of the month.
Short term supply support, the center of gravity of cyclohexanone gradually rebounds in the latter half of the year
At the end of the month, the overall supply of cyclohexanone in the market decreased, and the pressure from the supply side of cyclohexanone was reduced. Factories and suppliers had a strong desire for price increases, and their willingness to lower prices was not strong. The cyclohexanone market in Shandong experienced a brief downturn, and the market center continued to rebound. However, downstream demand realization remained cautious, and it was difficult for the demand side to effectively transmit. Some manufacturers also narrowly lowered cyclohexanone prices, and the overall market returned to the level at the beginning of the month.
Market analysis in the future
At present, the trading atmosphere in the cyclohexanone market in Shandong is mild, and downstream purchases are mainly based on demand. The mentality of industry players is average. The cyclohexanone data analyst from Shengyi Society believes that in the short term, the cyclohexanone market in Shandong will mainly fluctuate, and more attention should be paid to changes in supply and demand.

The domestic acetone market is weak and declining, with no significant fluctuations in market fundamentals. Traders mainly focus on promoting shipments, while downstream demand follows suit, resulting in limited market activity consolidation. According to monitoring data from Shengyi Society, the acetone market in East China reported an average daily price of 4200 yuan/ton from November 14th to 4163 yuan/ton on November 21st, a decrease of 0.87%.
In terms of supply, the overall operating rate of domestic phenol ketone plants has increased, mainly due to the situation of Fuyu Petrochemical and Zhejiang Petrochemical Phase I phenol ketone plants, with an overall operating rate of 80%. From the perspective of the port, the cargo arrived at the port as planned to replenish, and the port inventory increased to 26000 tons. The market circulation of goods is relatively sufficient, and traders have a greater intention to ship. After a period of price increase in the first half of the week, the offer fell.
From the demand side, the market is still lower than Xiaoning, and terminal factories and traders are entering the market to replenish goods. There is an expectation of an increase in the operating rate of downstream bisphenol A plants, which will lead to an increase in demand for acetone; The operating loads of isopropanol, MMA, and MIBK have slightly changed, while the demand for acetone has not changed significantly. From a cost perspective, there has been a slight increase in both the supply and demand of raw material pure benzene, and the supply continues to be lower than demand. It is expected that the short-term price will strengthen and consolidate.
Business Society expects a slight increase in costs, but there is still pressure on the supply side, and the demand side remains flat. Under various game scenarios, the acetone market will adjust its range next week. If costs continue to rise, prices may experience a slight increase.

This week, the price of plasticizer DOP fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of November 14th, the DOP price was 6883.34 yuan/ton, a fluctuating decrease of 0.24% compared to the DOP price of 7025.83 yuan/ton on November 7th. This week, the operating load of plasticizer DOP enterprises has slightly increased, with an operating rate of 65%. DOP production has increased, and the raw material isooctanol has slightly fallen. Phthalic anhydride prices have fallen, and DOP costs have decreased. The downward pressure on DOP costs still exists, and the upward support has weakened. Cost support weakened, supply increased, and plasticizer prices fluctuated and fell this week.
This week, the price of raw material isooctanol has slightly fallen
According to the Commodity Market Analysis System of Shengyi Society, as of November 14th, the price of isooctanol was 6000 yuan/ton, a fluctuating decrease of 0.55% compared to the price of 6033.33 yuan/ton on November 7th. Partial maintenance of isooctanol equipment in some enterprises has resulted in a slight decrease in the operating load of isooctanol facilities. The operating rate of isooctanol is less than 70%, and the supply of isooctanol has decreased; The price of propylene is stabilizing strongly, but the cost support of isooctanol still exists. This week, the supply of isooctanol has decreased, and with cost support still present, the price of isooctanol has slightly fallen. The cost support of plasticizers has weakened, and there is still upward pressure on DOP.
This week, the price of raw material phthalic anhydride fluctuated and fell
According to the Commodity Market Analysis System of Shengyi Society, as of November 14th, the price of phthalic anhydride in neighboring countries was 5893.33 yuan/ton, a fluctuating decrease of 0.56% compared to the price of phthalic anhydride on November 7th at 5926.67 yuan/ton. Phthalic anhydride continues to decline, with prices fluctuating downwards and neighboring benzene prices fluctuating downwards. Costs have decreased, and the operating rate of phthalic anhydride enterprises has slightly increased, indicating sufficient supply of phthalic anhydride; The equipment operating load of downstream enterprises has increased, and the demand for phthalic anhydride still exists to support it. Supported by the demand for cost reduction, the price of phthalic anhydride fluctuated and fell this week, and the cost of plasticizers decreased. The downward pressure on plasticizer DOP still exists this week.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has slightly fallen, while the price of phthalic anhydride has fluctuated and fallen. The downward pressure on the cost of plasticizer DOP still exists, and the upward support has weakened; In terms of supply, the operating rate of plasticizer enterprises has slightly increased, the production of plasticizers has increased, and the supply of plasticizers has increased; In terms of demand, the overall economy is sluggish, coupled with anti competitive competition and the elimination of outdated production capacity, downstream demand remains weak. In the future, with sufficient supply and weak demand, costs have decreased, and it is expected that the price of plasticizer DOP will weakly decline.

This week, the price of plasticizer DOP first rose and then fell

According to the Commodity Market Analysis System of Shengyi Society, as of November 7th, the DOP price was 7025.83 yuan/ton, a fluctuating increase of 0.24% compared to the DOP price of 7009.16 yuan/ton on November 1st. This week, the operating load of DOP enterprises has increased, resulting in an increase in DOP production; The raw material isooctanol fluctuated and rose, the price of phthalic anhydride fell weakly, and the cost of DOP increased. The pressure of DOP cost decline weakened, and the support for upward growth increased. Due to increased cost support and supply, the price of plasticizers rose first and then fell this week.
This week, the price of raw material isooctanol fluctuated and rose
According to the Commodity Market Analysis System of Shengyi Society, as of November 7th, the price of isooctanol was 6033.33 yuan/ton, a fluctuating increase of 1.40% compared to the price of 5950 yuan/ton on November 1st. Partial maintenance of isooctanol equipment in some enterprises has significantly reduced the operating load of isooctanol facilities, resulting in a 70% operating rate and a decrease in isooctanol supply; The price of propylene has fallen, and the cost of isooctanol has decreased. This week, the supply of isooctanol has decreased, coupled with a decrease in costs, causing the price of isooctanol to fluctuate and rise. The cost of plasticizers has increased, and the downward pressure on DOP has weakened while the upward support has increased.
This week, the price of raw material phthalic anhydride fluctuated and fell
According to the Commodity Market Analysis System of Shengyi Society, as of November 7th, the price of phthalic anhydride in neighboring countries was 5926.67 yuan/ton, which fluctuated and fell by 0.39% compared to the price of phthalic anhydride at 5950 yuan/ton on November 1st. Phthalic anhydride continues its downward trend, with slight fluctuations in phthalic anhydride prices and neighboring benzene prices in November, resulting in a decrease in costs. Phthalic anhydride enterprises have stable operating rates and sufficient supply; The equipment operating load of downstream enterprises has increased, and the demand for phthalic anhydride still exists to support it. Supported by the demand for cost reduction, the price of phthalic anhydride fluctuated and fell this week. The price of phthalic anhydride has fallen, and the cost of plasticizers has decreased. The downward pressure on plasticizer DOP still exists this week.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol fluctuates and rises, while the price of phthalic anhydride fluctuates and falls. The downward pressure on the cost of plasticizer DOP weakens, and the upward support increases; On the supply side, the operating rate of plasticizer enterprises has slightly increased, the production of plasticizers has increased, and the supply of plasticizers has increased; In terms of demand, the overall economy is sluggish, coupled with anti competitive competition and the elimination of outdated production capacity, downstream demand remains weak. In the future, with increasing supply and weak demand, coupled with rising costs, it is expected that the price of plasticizer DOP will remain weak and stabilize.

According to the Commodity Market Analysis System of Shengyi Society, as of October 31st, the average production price of ethyl acetate was 5436.67 yuan/ton, an increase of 46.67 yuan/ton compared to the beginning of the month price of 5390.00 yuan/ton, with an overall increase of 0.87%. The raw material market is weak, with insufficient cost support, downstream on-demand procurement, limited supply side benefits, and fluctuating prices of ethyl acetate.
Market analysis: This month, the overall market situation of ethyl acetate first rose and then fell. In the first half of the month, the price of ethyl acetate rose, mainly due to frequent fluctuations in equipment, tightening market supply, strong upward sentiment among industry players, and a strong upward trend in the ethyl acetate market; In the second half of the month, some maintenance equipment will be restored, and the positive factors will weaken. At the same time, the price of acetic acid on the raw material side will continue to fall, and the cost side will be bearish. The market for ethyl acetate will follow suit and decline.

According to the Commodity Market Analysis System of Shengyi Society, as of October 31st, the price of acetic acid was 2420.00 yuan/ton, a decrease of 8.33% compared to 2640.00 yuan/ton at the beginning of the month. The weak downward trend of acetic acid prices within the month, low downstream purchasing enthusiasm, accumulation of acetic acid inventory on the supply side, and weak market sentiment have had a negative impact on the ethyl acetate market.
Looking at the future, the current production of ethyl acetate is sufficient, and there is significant pressure on companies to ship. Downstream buyers are cautious in following up on the market, and demand support is limited. The raw material acetic acid market is weak, and cost support is weak. There is a lack of favorable market conditions, and it is expected that the ethyl acetate market will operate weakly next month. Specific attention should be paid to changes in supplier equipment and downstream follow-up situations.

1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the overall price of bromine has risen this month. The average market price at the beginning of the month was 27900 yuan/ton, and the average market price over the weekend was 30000 yuan/ton, with a price increase of 7.53% and a year-on-year increase of 36.36%. On October 30th, the Business Society Bromine Index was 105.26, unchanged from yesterday, a decrease of 57.07% from the highest point of 245.18 points (2021-10-27) during the cycle, and an increase of 78.65% from the lowest point of 58.92 points on October 29th, 2014. (Note: The cycle refers to the period from September 1, 2011 to present)
2、 Market analysis
The overall price of bromine has been on the rise this month, with a reference price of 29000-32000 yuan/ton for spot bromine production in Shandong region. Due to weather and policy reasons, domestic bromine enterprises still have tight inventory and insufficient industry operating rates, but downstream enterprises have average purchasing enthusiasm. In terms of raw materials, domestic sulfur prices have been rising, with an average market price of 2657.67 yuan/ton at the beginning of the month and 3284.33 yuan/ton at the end of the month. The price has increased by 23.58%, which is 114.99% higher than the same period last year. Downstream demand is still acceptable.
Prediction: Bromine prices are expected to remain strong this month, while upstream sulfur prices are expected to remain strong this month. Bromine supply is tight in the near future, but downstream buyers tend to purchase on demand, leading to resistance to price increases. Overall, it is expected that bromine prices may continue to consolidate in the later period, depending on downstream market demand.