This week, the price of plasticizer DOP fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of March 7th, the DOP price was 8138.75 yuan/ton, a fluctuating decrease of 2.25% compared to the DOP price of 8326.25 yuan/ton on March 1st. Plasticizer DOP enterprises are operating at a low level, and the supply of plasticizer DOP is tight; The price of phthalic anhydride fluctuated and fell, the price of isooctanol fluctuated and fell, the cost of plasticizer DOP decreased, and the downward pressure on plasticizers increased.

This week, the price of raw material isooctanol fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of March 7th, the price of isooctanol was 7466.67 yuan/ton, a decrease of 2.61% from the price of 7666.67 yuan/ton on March 1st. The new production capacity of isooctanol has been put into operation, and the supply of isooctanol has increased, shifting from supply shortage to oversupply. The price of isooctanol has fluctuated and fallen, and the cost of plasticizer DOP has decreased.

Decreased demand for plasticizers

The slow start of terminal demand and weak demand for plasticizers have led to a certain degree of inventory pressure in the plasticizer industry. Unsaturated resins and other downstream industries are also facing problems such as slow terminal delivery and insufficient consumption. The growth of plasticizer demand is slow, and the support for plasticizer price increases is insufficient.

Future expectations

According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has fluctuated and fallen, the price of phthalic anhydride has dropped significantly, and the cost of plasticizer DOP has decreased; In terms of demand, downstream production is slowly recovering, and the demand for plasticizers is decreasing. In the future, with the decrease in costs and weak demand for plasticizers, it is expected that the price of plasticizer DOP will remain weak and stabilize.