Plasticizer Market recovered in May, DOP price rose

1、 Price trend


According to the data monitoring of the business agency, the market of plasticizer DOP rebounded in May and the price of DOP rebounded in May. As of May 18, the price of DOP in East China was 6766.67 yuan / ton, up 7.98% from 6266.67 yuan / ton at the beginning of the month, and down 11.40% from the same period last year.


2、 Industrial chain Market


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It can be seen from the trend chart of DOP raw materials that the prices of phthalic anhydride and octanol of DOP raw materials rose in May. In May, the domestic economy continued to recover, the demand for phthalic anhydride and octanol rose, and the price of DOP raw materials gradually recovered. In general, the cost of DOP rose in May, and the downward pressure of DOP still had a strong momentum to rise, and the DOP market was good.


In May, PVC market recovered in shock, and PVC price rose in shock. With the increase of domestic enterprises returning to work, the production of PVC enterprises is increasing, the procurement of plasticizers by PVC enterprises is increasing, the demand for DOP is picking up, and the DOP market is gradually picking up, but the overall positive increase is still negative.


3、 Future forecast


According to Bai Jiaxin, data analyst of DOP of business agency, in May, the price of raw materials phthalic anhydride and octanol of DOP rose in shock, and the cost of DOP rose; in the downstream, PVC enterprises started to increase, and the demand for plasticizers increased, which was good for DOP market. After the May 1st movement, the logistics cost increased, which has a great driving force for DOP price increase. Generally speaking, DOP market is still under great downward pressure, and the future DOP market is stable.

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