The price of plasticizer DOP first rose and then fell in November

According to the Commodity Market Analysis System of Shengyi Society, as of November 27th, the DOP price was 9176.25 yuan/ton, a fluctuating decrease of 3.93% compared to the DOP price of 9551.25 yuan/ton on November 14th; Compared to November 1st, the DOP price of 9101.25 yuan/ton first rose and then fell, with an increase of 0.82%. The equipment of isooctanol enterprises stopped short, and the price of isooctanol first rose and then fell. The cost of plasticizers increased, and the operating rate of plasticizer enterprises remained stable, with sufficient supply of plasticizers. The downstream PVC off-season is approaching, and the demand for plasticizers is falling, causing the price of plasticizer DOP to rise first and then fall.

Downstream demand declines

Downstream PVC product enterprises are gradually experiencing a decline in production, and as we enter November, the traditional off-season in the market, downstream PVC production is expected to decrease. As the weather in the north gradually turns cold, demand is weak; The downstream market is declining, and the downward pressure on plasticizers is increasing.

The cost of raw materials first increased and then decreased

According to the Commodity Market Analysis System of Shengyi Society, as of November 27th, the price of isooctanol was 9300 yuan/ton, a fluctuating decrease of 4.78% compared to the price of 9766.67 yuan/ton on November 14th; Compared to November 1st, the price of isooctanol at 9033.33 yuan/ton first increased and then decreased, with a rise of 2.95%. In mid November, the equipment of isooctanol enterprises experienced a short shutdown, resulting in a decrease in isooctanol supply and a fluctuating rise in isooctanol prices. During the off-season of the market, the demand support for isooctanol is insufficient, and the supply of isooctanol is weakened. The demand is average, and the price of isooctanol first rises and then falls.

Future expectations

According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol first rose and then fell, the price of phthalic anhydride fluctuated and fell, and the cost of plasticizer DOP decreased; In terms of demand, the off-season is approaching, and downstream production and inventory are expected to decrease, leading to a decline in demand for plasticizers. In the future, the prices of raw materials will fluctuate and fall, the downward pressure of isooctanol will increase, and the cost of plasticizers will decrease; The off-season is approaching, and demand expectations are decreasing, resulting in cost reduction and weak demand. It is expected that the price of plasticizer DOP will fluctuate and fall in the future.