Adjustment of DOP price shock
| Thiourea |
According to the data monitoring of the business community, as of October 20, the DOP price was 10410 yuan/ton, up 1.86% from 10220 yuan/ton on October 13; Compared with the DOP price of 10480 yuan/ton on October 11, the decline was 0.67%; Compared with the DOP price of 10120 yuan/ton on October 1 at the beginning of the month, the increase was 2.87%. In October, the DOP price rose first, then fell, and then rose again. The price of raw materials was adjusted by shocks. This week, the DOP price rose again.
The price of isooctanol rises again
According to the price monitoring of the business community, the price of isooctanol in October was adjusted to fluctuate. As of October 20, the price of isooctanol was 9233.33 yuan/ton, up 3.36% from 8933.33 yuan/ton on October 17; Compared with the price of isooctanol on October 10, which was 9333.33 yuan/ton, down 1.07%; The price of isooctanol rose by 3.36% to 8933.33 yuan/ton on October 1 at the beginning of the month. The price of isooctanol rose again this week, and the cost of DOP rose, but the overall demand recovery was limited, and the future rise was not supported enough.
The price of phthalic anhydride dropped from a high level
According to the price monitoring of the business community, as of October 20, the price of phthalic anhydride was 10500 yuan/ton, down 1.29% from 10637.50 yuan/ton on October 15. The number of phthalic anhydride enterprises started construction increased, the supply of phthalic anhydride increased, the high price of phthalic anhydride fell, the cost of DOP decreased, and the support for the rise of DOP weakened.
Future market expectation
According to the DOP data analysts of the business community, the demand for DOP remains sluggish, and the price of raw materials determines the trend of DOP. Recently, the high price of phthalic anhydride has fallen back, and the support for the rise of DOP is insufficient. The price of isooctanol fell first and then rose, and the DOP price has been adjusted accordingly. In the future, the price of phthalic anhydride will be stable after falling, the price of isooctanol will not be able to rise, the cost of DOP raw materials will be stable, and the demand will be low. It is expected that the DOP price will be stable after falling.
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