Price trend
According to the data monitoring of the business agency, the price of plasticizer DOP rose in June, maintaining stability and slowing down the growth of DOP market. As of June 18, the price of DOP in East China was 7233.33 yuan / ton, up 3.58% from 6983.33 yuan / ton at the beginning of the month; the price of DOP rose slowly in June.
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Cost factor
From the trend chart of raw material phthalic anhydride, it can be seen that the price of DOP raw material phthalic anhydride rose in June and remained stable. DOP raw material prices rise, DOP costs rise, DOP has the power to rise, phthalic anhydride market maintains stability, DOP market rising power weakens.
From the trend chart of octanol price, we can see that the price of DOP raw material octanol rose sharply in June. DOP raw material prices rise, DOP costs rise, DOP rising momentum.
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Industrial chain factors
From the price trend chart of PVC, we can see that the price of PVC rose in June and remained stable. The demand of DOP is mainly rigid demand, PVC market is stable, which is insufficient to support the rise of 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 in June, which was good for DOP market and had a strong driving force. In the near future, the price of phthalic anhydride has been fluctuating and stable, the growth rate of raw material price has slowed down, the downstream PVC market has been stable, the demand for DOP is rigid and the support for DOP is insufficient. In June, the growth rate of the upstream and downstream market of DOP industrial chain slowed down, the impetus for DOP to rise was limited, and the price of DOP rose slightly. In the future, DOP still has the momentum to rise. DOP market is strong and stable, or slightly rising.
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