The price of plasticizer DOP first fell and then rose

According to the Commodity Market Analysis System of Shengyi Society, as of June 6th, the DOP price was 8267.50 yuan/ton, a decrease followed by an increase of 0.20% compared to the June 1st DOP price of 8250.83 yuan/ton; Compared to June 3rd, the DOP price of 8192.50 yuan/ton fluctuated and rose by 0.92%. The operating rate of plasticizer DOP enterprises was temporarily stable at a low level, the downstream demand for plasticizers was poor, and the rise of plasticizer prices was sluggish. After the Dragon Boat Festival, the demand for plasticizers recovered briefly, and plasticizers fell first and then rose. In addition, the price of raw material isooctanol first fell and then rose, the price of phthalic anhydride fluctuated and fell, the cost of plasticizers first fell and then rose, and the price of plasticizers first fell and then rose.
The price of raw material isooctanol first fell and then rose
According to the Commodity Market Analysis System of Shengyi Society, as of June 6th, the price of isooctanol was 7550 yuan/ton, which first fell and then rose compared to the price of 7550 yuan/ton on June 1st, and the price has stabilized; The price of isooctanol has increased by 1.12% from 7466.67 yuan/ton on June 4th. In June, the price of isooctanol did not continue its upward trend from May and fell slightly. With downstream customers replenishing their inventory at low prices and the demand for isooctanol recovering, the price of isooctanol first fell and then rose. The production capacity of isooctanol enterprises has increased, the supply of isooctanol is sufficient, and coupled with poor demand recovery, the price of isooctanol first fell and then rose.
The price of raw material phthalic anhydride has fluctuated and fallen
According to the Commodity Market Analysis System of Shengyi Society, as of June 6th, the price of phthalic anhydride in neighboring countries was 6850 yuan/ton, which fluctuated and fell by 1.44% compared to the price of phthalic anhydride at 6950 yuan/ton on June 1st. The equipment start-up of phthalic anhydride enterprises is stable at a high level, with a start-up rate of about 70% and sufficient supply of phthalic anhydride; The price of ortho phthalic anhydride raw material ortho benzene fluctuated and fell, while the price of naphthalene raw material in the industry fluctuated and fell. The cost of phthalic anhydride decreased, and downstream demand for plasticizers was weak, resulting in a fluctuating decline in phthalic anhydride prices.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol first fell and then rose, the price of phthalic anhydride fluctuated and fell, and the cost of plasticizer DOP first fell and then rose; On the demand side, the demand for plasticizers is not recovering well. In the future, the demand for cost reduction is not good, and it is expected that the price of plasticizer DOP will first fall and then rise.