Price trend

According to the business agency data monitoring, plasticizer DOP prices rose sharply this week. As of December 21, the average price of DOP was 10533.33 yuan / ton, which was significantly higher than that at the beginning of the week, with an increase of 8.97%.

Upstream market of industrial chain

As can be seen from the octanol price trend chart, octanol prices rose sharply this week, up 16.10%. Affected by the shutdown of n-butanol unit emergency maintenance, the price of n-butanol rose sharply, which led to the sharp rise of octanol price, the rise of DOP cost and the increase of DOP motivation.

Downstream market of industrial chain

From the PVC price trend chart can be seen, PVC prices this week a small shock drop. PVC market shock down, DOP demand fell, DOP support weakened, plasticizer DOP market negative.

Market review and future expectation

Business agency DOP data analyst Bai Jiaxin believes that octanol prices soared this week, driving DOP prices up. Supported by DOTP consumption, octyl alcohol is in short supply in the near future. The rising price of octanol in the future market is well supported, and the cost of DOP raw materials is rising. However, in terms of demand, DOP price is high, and downstream customers are more resistant, and PVC market is weak, and DOP demand is insufficient. In the future, the expected increase of octanol price supports DOP’s rise, but the insufficient demand leads to the lack of motivation for DOP’s rise, which is not enough to support the continuous rise of DOP. It is expected that DOP market will maintain strong stability after rising.