DOP prices fell sharply this week
| PVA |
According to the data monitoring of the Business Agency, as of February 10, the price of DOP was 10050 yuan/ton, down 6.16% from the price of 10710 yuan/ton on February 5 last weekend. The cost fell and the demand remained weak, and the DOP market fell sharply.
The price of raw material isooctanol dropped sharply
According to the price monitoring of the Business Agency, as of February 10, the price of isooctanol was 9733.33 yuan/ton, down 8.75% from the price of isooctanol on February 5, 10666.67 yuan/ton. Downstream demand was weak this week, the price of isooctanol fell sharply, the cost of DOP raw materials fell, and the downward pressure on DOP prices increased.
The market of raw material phthalic anhydride stands still
According to the price monitoring of the business agency, as of February 10, the price of ortho phthalic anhydride was 8237.50 yuan/ton, up 0.15% from the price of 8225 yuan/ton on February 5. The cost is temporarily stable, the demand is weak, the market of phthalic anhydride is stagnant this week, the price of phthalic anhydride is stable, and the rising power of DOP is weakened.
Aftermarket expectation
DOP data analysts of the Business Agency believe that the price of isooctanol, the raw material, has fallen sharply, the price of phthalic anhydride has stabilized, the cost of DOP has decreased, and the downward pressure on DOP has increased. In the future, the cost of DOP fell and the demand was weak, and the price of DOP was expected to fall in shock.
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