After the festival, DOP prices fell after a sharp rise

Price trend

According to the data monitoring of business society, the price of DOP after the festival fluctuated and rose sharply, and then stabilized and fell back. As of May 14, DOP price was 13725.00 yuan / ton, up 10.02% from 12475.00 yuan / ton of DOP price on May 1, the beginning of the month. In May, the plasticizer market rose sharply, raw material prices fell after a big rise, and the plasticizer market surged and stabilized.

Raw material cost rises and falls back

From the trend chart of isooctanol and phthalic anhydride prices, the prices of isooctanol and phthalic anhydride will fall after saving significantly, the cost of DOP raw materials will stabilize after rising, and the downward pressure of DOP will increase and the driving force will weaken.

Market overview and future market expectation

Bai Jiaxin, an analyst with DOP data from business agency, believes that the cost of DOP raw materials has risen significantly after the festival, which stimulated the sharp rise of DOP prices, stabilized the prices of isooctanol and phthalic anhydride 10 days later, the prices of isooctanol and phthalic anhydride fell on 14 days, the cost of raw materials decreased, and DOP kept up sluggish. Generally speaking, the rise of the DOP market in the future market is weak, and the price of the later market is expected to be weak temporarily stable.

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