The price of plasticizer DOP has significantly increased after the holiday
According to the Commodity Market Analysis System of Shengyi Society, as of September 20th, the price of plasticizer DOP was 8963.75 yuan/ton, a significant increase of 5.44% compared to the DOP price of 8501.25 yuan/ton on September 14th. The price of DOP has significantly increased after the holiday. The operating rate of plasticizer enterprises has increased, coupled with stocking up before the National Day holiday, resulting in an increase in downstream demand for plasticizer DOP.
Expected increase in downstream demand
The concentrated maintenance season for the PVC paste resin industry in 2024 has come to an end, and the maintenance losses in the PVC paste resin industry will gradually recover. The production of the PVC paste resin industry will gradually return to stability, and the total supply of the industry will gradually increase, leading to an increase in demand for plasticizers.
The cost of raw materials has significantly increased
According to the Commodity Market Analysis System of Shengyi Society, as of September 20th, the price of isooctanol was 8666.67 yuan/ton, a significant increase of 8.79% compared to the price of 7966.67 yuan/ton on September 15th. After the holiday, the price of isooctanol increased significantly. The production of isooctanol units has gradually resumed, and downstream stocking is concentrated before the National Day holiday. The supply of isooctanol is tight, and the operating rate of downstream plasticizer DOP has increased. The demand for isooctanol has also increased, and the supply and demand in the isooctanol market are tight, resulting in a significant increase in the price of isooctanol.
According to the Commodity Market Analysis System of Shengyi Society, as of September 20th, the price of phthalic anhydride in neighboring countries was 7337.50 yuan/ton, a decrease of 0.34% from the price of 7362.50 yuan/ton on September 14th. This week, the price of ortho xylene is 7400 yuan/ton, which is temporarily stable compared to before the holiday. The cost of phthalic anhydride is stabilizing, and the phthalic anhydride market is stabilizing. This week, the domestic price for ortho phthalic anhydride is 7200-7400 yuan/ton, while the domestic price for nano phthalic anhydride is 7100-7200 yuan/ton. Domestic phthalic anhydride plants operate at low loads, with frequent shutdowns of naphthalene phthalic anhydride equipment and low load operation of neighboring phthalic anhydride equipment. Phthalic anhydride manufacturers are experiencing tight supply and queuing for shipments, resulting in a tight supply of phthalic anhydride. The upward pressure on phthalic anhydride prices still exists.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has risen significantly this week, the price of phthalic anhydride has stopped falling and stabilized, and the cost of plasticizer DOP has increased; In terms of supply, plasticizer DOP manufacturers have increased production, resulting in an increase in DOP supply; Pre holiday stocking and economic recovery have led to an expected increase in demand for plasticizers. The expected price of plasticizer DOP will fluctuate and rise in the future.
| http://www.pva-china.net |