The price of plasticizer DOP fluctuated and fell this week
According to the Commodity Market Analysis System of the Business Society, as of June 9th, the price of DOP was 9258.33 yuan/ton, a decrease of 3.16% compared to the price of 9560 yuan/ton on June 2nd. The prices of raw materials such as isooctanol and n-butanol have decreased, the cost of plasticizer DOP has decreased, and the price of plasticizer DOP has fluctuated and fallen.
The price of isooctanol fluctuated and fell this week
According to the Commodity Market Analysis System of Business Society, the price of isooctanol on June 9th was 8720 yuan/ton, a decrease of 3.96% compared to 9080 yuan/ton on June 2nd. This week, the price of isooctanol fluctuated and fell, with weak market trading performance. The cost of plasticizer products decreased, and the price of plasticizer DOP fluctuated and fell.
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The market of raw material phthalic anhydride fluctuates and falls
According to the market analysis system for phthalic anhydride products of the Business Society, as of June 9th, the quotation for neighboring phthalic anhydride was 7687.5 yuan/ton, a decrease of 1.44% compared to the price of 7800 yuan/ton on June 2nd. The operation of phthalic anhydride enterprises is stable, with sufficient supply of phthalic anhydride. Downstream demand for on-demand procurement is poor. This week, the price of phthalic anhydride fluctuated and fell, resulting in a decrease in raw material costs and a significant pressure on plasticizer costs.
Future expectations
Analysts from Business Society’s plasticizer product data believe that this week, the prices of isooctanol have fluctuated and fallen, while the prices of phthalic anhydride have fluctuated and fallen. The cost of plasticizer product DOP has decreased, and there is significant pressure on the price of plasticizer product DOP to decline. In the future, the prices of isooctanol and phthalic anhydride have fluctuated and fallen, the cost of plasticizers has decreased, the operating rate of DOP enterprises is 70%, the supply of plasticizers is sufficient and the demand is insufficient, and both cost and demand sides lack positive support. The downward pressure on plasticizers has increased, and it is expected that the price of plasticizer DOP will fluctuate and fall.
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