This week, the price of plasticizer DOP fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of July 19th, the price of plasticizer DOP was 9725 yuan/ton, which fluctuated and fell by 1.89% compared to the DOP price of 9912.50 yuan/ton on July 12th last weekend. The market for phthalic anhydride, a raw material for plasticizers, has fluctuated and stabilized, while the price of isooctanol has fluctuated and fallen. The cost of plasticizers has also decreased, and the price of DOP, a plasticizer, has fluctuated and fallen this week.

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

According to the Commodity Market Analysis System of Shengyi Society, as of July 19th, the price of isooctanol was 9480 yuan/ton, which fluctuated and fell by 2.67% compared to the price of 9740 yuan/ton on July 12th last weekend. Downstream factories purchase according to demand, the plasticizer market is declining, and enterprises have poor enthusiasm for raw material procurement. Shandong’s large factories sell at a discount, and the market transaction center is shifting downwards, resulting in significant downward pressure on isooctanol.

This week, the price of raw material phthalic anhydride has slightly fallen

According to the Commodity Market Analysis System of Shengyi Society, the price trend of phthalic anhydride in the domestic phthalic anhydride market has slightly declined this week. As of July 19th, the price of phthalic anhydride in the phthalic anhydride market was 8075 yuan/ton, a slight decrease of 0.15% compared to the price of 8087.50 yuan/ton on July 12th last weekend. Domestic neighboring phthalic anhydride is priced at 7900-8100 yuan/ton before leaving the factory, while domestic naphthalene phthalic anhydride is priced at 7450-7550 yuan/ton before leaving the factory. The domestic production rate of phthalic anhydride is around 60%, and the spot supply of phthalic anhydride is stable. The sales situation of phthalic anhydride manufacturers is average. This week, the price of industrial naphthalene fluctuated and fell, and the naphthalene based phthalic anhydride market fluctuated and fell. The ortho benzene market is temporarily stable, and the ortho benzene based phthalic anhydride market is stabilizing. This week, the phthalic anhydride market has been weak and stabilizing.

Future expectations

According to the data analyst of Shengyi Society’s plasticizer products, the price of raw material isooctanol fluctuated and fell this week, the price of phthalic anhydride slightly fell, and the cost of plasticizer DOP decreased; Downstream manufacturers have poor demand for plasticizers during the off-season. In the future, the prices of isooctanol and phthalic anhydride will fluctuate and fall, the cost of raw materials will decrease, and downstream demand will be sluggish. The price of plasticizer DOP will remain weak and consolidate in the future.