The cost of raw materials rises sharply; the price of plasticizer DOP rises

1、 Price trend

 

According to the data monitoring of business agency, the price of plasticizer DOP has risen sharply in the near future, and DOP market has recovered. As of April 17, the price of DOP in East China was 6400.00 yuan / ton, up 10.98% from 5766.67 yuan / ton at the beginning of the month, and down 21.95% from the same period last year.

 

2、 Industrial chain Market

 

It can be seen from the trend chart of DOP raw materials that since April, the prices of phthalic anhydride and octanol of DOP raw materials have bottomed out and rebounded, the prices of DOP raw materials have risen sharply, the prices of DOP raw materials have risen sharply, the cost of DOP has risen sharply, the pressure of DOP rising has increased, and the DOP market is bullish

 

Gamma-PGA (gamma polyglutamic acid)

With the gradual recovery of domestic production, the PVC market recovered in April, the downstream market recovered, and the demand for plasticizer DOP rose, which was good for DOP market. From the trend chart, we can see that PVC market has recovered, but the increase is relatively small, which is good for DOP. Overall PVC industry demand for DOP is good but good is limited, good for DOP market.

 

3、 Future forecast

 

Bai Jiaxin, a data analyst at DOP, a business agency, believes that since April, domestic production has gradually recovered, enterprises have started construction gradually increased, and domestic demand has picked up. DOP raw material prices bottomed out and rebounded, the downstream PVC market recovered, the demand rose, which was good for DOP market, and DOP rose strongly. In the future, the growth of domestic demand is not significant, and the sharp rise of raw material prices has retaliatory rebound factors, which can not reflect the actual supply and demand situation. The demand for PVC is limited and the growth rate of PVC slows down recently, which is good for DOP market. Generally speaking, the future DOP market is still good, but the early DOP price growth is too fast, the future market is limited, and the future DOP market is mainly strong and stable.

http://www.lubonchem.com/

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