Plasticizer DOP prices continued to fall this week

According to the data monitoring of the business community, DOP prices continued the downward trend in October this week, fluctuated and fell, and the overall DOP market fell weakly this week. As of November 4, the DOP price was 12450 yuan / ton, down 450 yuan / ton or 3.49% from 12900 yuan / ton on October 29 last weekend; DOP market fell this week.

The price of isooctanol fluctuated and fell this week

According to the price monitoring of business society, the price of isooctanol failed to rebound and rise this week, and the price of isooctanol fluctuated and fell slightly. This week, the price of isooctanol fell slightly due to the decline in the price of raw material coal to syngas; Under the national macro-control, coal related products are easy to fall but difficult to rise, the cost of isooctanol is reduced, the price of isooctanol is under great pressure, the price of isooctanol is reduced, the cost of plasticizer DOP is reduced, and the downward pressure of DOP is increased.

The price of phthalic anhydride fell steadily this week

According to the price monitoring of business society, the price of phthalic anhydride fell slightly this week, and the phthalic anhydride market fell steadily. Affected by the rising price of phthalic anhydride, the cost of phthalic anhydride is still supported, the downward pressure of phthalic anhydride is weak, and the upward momentum still exists.

PVC fell sharply this week

According to the price monitoring of the business community, the PVC price fell sharply this week. As of November 4, the average price of PVC was 9470 yuan / ton, down 8.06% from 10300 yuan / ton last weekend; PVC prices fell sharply this week, plasticizer demand remained weak, downstream customers of plasticizer had poor purchasing enthusiasm, and DOP prices fell under great pressure.

Future expectations

Bai Jiaxin, DOP data analyst of business agency, believes that the support of DOP raw materials is not available this week, the prices of isooctanol and phthalic anhydride decreased slightly this week, and the cost of DOP decreased; In terms of demand, the price of PVC fell sharply, the demand for DOP was weak, the procurement enthusiasm of downstream customers was poor, the acceptance of high priced DOP was poor, and the downward pressure of DOP was great. Generally speaking, the cost of DOP has decreased, the demand is insufficient, the upward momentum of DOP is insufficient, and the downward pressure is great. DOP prices are expected to fluctuate slightly in the future.