Price Trend

According to the monitoring data of business associations, DOP prices have risen sharply and plasticizer prices have risen recently. As of September 9, the price of DOP in East China was 7566.67 yuan/ton, up 3.18% from 7333.33 yuan/ton in early September, and down 19.43% from the same period last year. DOP prices are lower than in previous years, DOP still has room to rise.

II. Market Analysis

Product analysis

This week, the price of DOP’s external quotation has risen sharply, which is good for the DOP market. DOP in China quoted 900 US dollars per ton this week, up 10 US dollars per ton from last week’s price of 890 US dollars per ton, DOP in Southeast Asia price of 1130 US dollars per ton, price stabilization compared with last week; DOP equipment start-up rate of plasticizer enterprises maintained, demand rose, overall plasticizer DOP market has a certain advantage.

Analysis of Industrial Chain

For raw materials, the price trend of DOP raw material phthalic anhydride has risen sharply, the price of octanol has also warmed up, and the overall cost of DOP has risen sharply. The pressure of DOP rise in the future market is huge, and it is expected that the market will rise mainly after DOP.

On the downstream demand side, the price of PVC has been warming up recently, and the demand for PVC has risen. Overall, the DOP market in the future is good, and the DOP rising space in the future increases.

3. Future Market Forecast

Bai Jiaxin, a DOP data analyst, believes that DOP raw material prices have risen sharply in recent years, DOP costs have risen, and the pressure of DOP increases in the future market has increased; on the demand side, the overall market of the plastic industry has warmed up, which is beneficial to the idling of plasticizer market, and the rising space of DOP in the future has increased; on the external side, DOP prices have risen slightly, which is beneficial to DOP. Good but limited. Overall, the sharp rise in raw materials led to the increase in DOP costs, DOP has a greater momentum, and the revival of the plastic industry also provides room for the rise of DOP, DOP prices are expected to rise sharply in the future.