Price trend

According to the data monitoring of business news agency, the price of plasticizer DOP rose wildly after the festival, but the madness could not last. After a week of soaring, the price of DOP stabilized and fell slightly on the 26th. As of February 26, the price of DOP was 14150.00 yuan / ton, which was slightly lower than the price of 14175 yuan / ton on February 25, and rose sharply by 40.80% compared with the price of 10050.00 yuan / ton before the festival. DOP market tends to be stable after soaring, and there is a greater risk of falling in the future.

Isooctanol tends to stabilize

It can be seen from the price trend chart of isooctanol that the price of isooctanol rose sharply after the festival, and then the rising trend of isooctanol slowed down. On the 25th, the price of isooctanol stabilized, and on the 26th, the price of isooctanol fell slightly. After the festival, the parking of octanol equipment increased, the supply of octanol was insufficient, and the supply of octanol was slightly tight. The cold wave in the United States caused some chemical enterprises to stop production, which added a little oil to isooctanol, and the rising power of isooctanol increased. However, with the soaring price of ISO octanol, the high price caused the lower customer’s purchasing enthusiasm to decline, the lower customer just needed to purchase, the customer boycotted the high ISO octanol, the pressure of ISO octanol decline in the future increased, the risk of DOP cost decline in the future increased, the power of DOP rise weakened, and the pressure of decline increased.

Phthalic anhydride tends to be stable

From the trend chart of phthalic anhydride, it can be seen that the price of phthalic anhydride rose sharply after the festival, the price of phthalic anhydride stabilized after the 23rd, the overall market of phthalic anhydride rose sharply after the festival, the cost of raw material phthalic anhydride of DOP rose, the rising power of DOP still exists, and the rising power of DOP in the future is greater.

Market summary and future expectation

Bai Jiaxin, DOP data analyst of business news agency, believes that the prices of ISO octanol and phthalic anhydride, the raw materials of DOP, rose sharply after the festival, and the cost of DOP rose sharply, which promoted the price rise of DOP. However, as the price continues to rise, downstream customers’ acceptance of high-level products declines, and customers’ resistance to high-level DOP increases. However, the impact of the cold wave in the United States has subsided, American chemical enterprises have resumed production, market supply has recovered, and the support of DOP rise has weakened. Generally speaking, the plasticizer DOP has a strong upward momentum, and the support of high product price still exists. However, the downstream customers mainly purchase rigid demand, and the customers are more resistant to high price raw materials. The downstream cost is transmitted to the upstream, and the downward pressure of DOP increases. The plasticizer DOP price is expected to fluctuate and fall in the future, and the price is expected to plummet.