According to the data monitoring of business agency, the price of plasticizer DOP rose in shock this week, and the market of DOP rose slowly. As of June 22, the price of DOP in East China was 7300.00 yuan / ton, up 2.34% from 7133.33 yuan / ton at the beginning of last week, up 4.29% year-on-year.
| PVA 1799 (PVA BF17) |
Cost factor
It can be seen from the trend chart of raw material phthalic anhydride that the price of DOP raw material phthalic anhydride fluctuated and remained stable this week. DOP raw material price is stable temporarily, DOP cost is stable, phthalic anhydride market is stable, DOP market growth momentum is weakened.
From the trend chart of octanol price, we can see that the price of DOP raw material octanol rose in shock this week. DOP raw material prices rose, DOP costs rose, DOP increased momentum.
Industrial chain factors
| PVA 1788 (PVA BP17) |
From the PVC price trend chart, we can see that this week PVC prices fell, PVC market fell. DOP demand is mainly rigid demand, PVC market fell, increasing downward pressure on DOP.
Market overview and future expectation
According to Bai Jiaxin, data analyst of DOP of business agency, the price of raw materials phthalic anhydride and octanol of plasticizer DOP rose sharply this week, which was good for DOP market. The driving force for DOP to rise increased and DOP price rose. Downstream customers, PVC market weakened, DOP just need to reduce, DOP up momentum weakened. Generally speaking, DOP market is rising slowly, and the momentum of future DOP market is general, and DOP market is strong and stable.
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