This week, the price of plasticizer DOP has stopped falling and risen

According to the Commodity Market Analysis System of Shengyi Society, as of April 21st, the DOP price was 8159.16 yuan/ton, which fluctuated and stabilized compared to the DOP price of 8159.16 yuan/ton on April 14th; Compared to April 17th, the DOP price of 8142.50 yuan/ton fluctuated and rose by 0.20%. The production of plasticizer DOP enterprises has stabilized at a low level, the output of plasticizer DOP has remained stable, the price of phthalic anhydride has rebounded and risen, the price of isooctanol has stopped falling and risen, the cost of plasticizer DOP has increased, and the cost increase combined with weak supply and demand has increased the support for plasticizer rise and weakened the downward pressure.
This week, the price of raw material isooctanol has stopped falling and risen
According to the Commodity Market Analysis System of Shengyi Society, as of April 21st, the price of isooctanol was 7533.33 yuan/ton, a fluctuating increase of 1.57% compared to the price of 7416.67 yuan/ton on April 17th; Compared to the price of 7850 yuan/ton on April 4th, the price of isooctanol has decreased by 4.03%. This week, the price of isooctanol is the lowest in 21 years. Isooctanol enterprises have started production at a low level and remained stable, while the supply from isooctanol manufacturers has temporarily stabilized. The downward pressure on isooctanol prices has weakened, and the upward support has increased. The cost of plasticizers has stopped falling and risen.
This week, the price of raw material phthalic anhydride rebounded and rose
According to the Commodity Market Analysis System of Shengyi Society, as of April 21, the price of phthalic anhydride in neighboring countries was 7166.67 yuan/ton, an increase of 0.94% compared to the price of 7100 yuan/ton on April 17; Compared to April 14th, the price of phthalic anhydride fluctuated and fell by 7216.67 yuan/ton, a decrease of 0.69%. The equipment production of phthalic anhydride manufacturers is slowly recovering, and downstream procurement is concentrated this week. The demand support for phthalic anhydride still exists. The cost support of plasticizer raw materials has increased.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has rebounded, the price of phthalic anhydride has rebounded and risen, and the cost of plasticizer DOP has increased; In terms of demand, downstream production remains weak, and US tariffs affect the expected demand for plasticizers in the market, resulting in continued weak demand for plasticizers. In the future, with rising costs and weak supply and demand, it is expected that the price of plasticizer DOP will remain strong and stable.