After the festival, DOP prices rose sharply and fell back
| Thiourea |
According to the data monitoring of the business community, as of October 12, the DOP price was 10450 yuan/ton, up 3.26% from 10120 yuan/ton on October 1 at the beginning of the month; Compared with the DOP price of 10480 yuan/ton on October 11, it decreased slightly by 0.29%. After the festival, the DOP price rose sharply, but due to poor demand, the downstream customers’ receptivity was insufficient, and the high DOP price fell back.
After the festival, the price of isooctanol rose and fell back
According to the price monitoring of the business community, the price of isooctanol rose first and then fell after the festival. As of October 12, the price of isooctanol was 9200 yuan/ton, up 2.99% from 8933.33 yuan/ton on October 1 at the beginning of the month; The price of isooctanol dropped by 1.43% compared with the price of 9333.33 yuan/ton on October 10. After the festival, enterprises replenished more stocks, the price of isooctanol rose, but the downstream demand was poor, the support for the rise of isooctanol was insufficient, and the price of isooctanol fell under pressure.
The price of phthalic anhydride hit a new high after the festival
According to the price monitoring of the business community, the price of phthalic anhydride was 10575 yuan/ton as of October 12, up 2.67% from 10300 yuan/ton on October 1 at the beginning of the month. After the festival, phthalic anhydride enterprises had a lot of maintenance. The price of ortho benzene rose sharply. The supply of phthalic anhydride was tight, and the cost was supported. After the festival, the price of phthalic anhydride hit a new high. The cost of DOP rose, and the impetus for DOP to rise remained.
PVC prices rose slightly after the festival
According to the price monitoring of the business community, the PVC price was 6332.86 yuan/ton as of October 12, up 1.07% from 6265.71 yuan/ton on October 1 at the beginning of the month. After the festival, PVC prices rose slightly, and DOP demand recovered slightly, but overall DOP demand remained low.
Future market expectation
According to the DOP data analysts of the business community, in terms of raw materials, the prices of isooctanol and phthalic anhydride, DOP costs and DOP prices rose sharply after the festival; However, in terms of demand, the rise of PVC is small, the recovery of DOP demand is limited, and the rise of DOP is not supported enough. In the future, the downstream has a low acceptance of high price DOP, the domestic economic recovery is less than expected, the demand growth is not good, and the future DOP price is expected to fall slightly.
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