Price trend
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According to the data monitoring of the business agency, the price of plasticizer DOP remained stable after falling this week, the decline of DOP market slowed down, and the voice of price rise in DOP market was high. As of July 20, the price of DOP in East China was 7033.33 yuan / ton, which was 1.86% lower than that of 7166.67 yuan / ton at the beginning of the week, and 6.10% lower than that of last year.
Upstream market of industrial chain
From the raw material phthalic anhydride trend chart can be seen, DOP phthalic anhydride price continued to decline this week, but the decline rate slowed down. The cost of DOP decreased and the pressure of DOP decline weakened.
As can be seen from the octanol price trend chart, octanol price fell first and then rose this week, DOP cost has upward pressure, DOP line sentiment rebounded and rose.
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Downstream market of industrial chain
As can be seen from the PVC price trend chart, PVC prices continued to rise in July and then fell back. The overall demand for DOP rose and the PVC market was at a high level, which was good for DOP market.
Market review and future expectation
Bai Jiaxin, an analyst of DOP data of business agency, believes that in terms of raw materials, the recent rise in raw material prices has a rebound trend, and the rise in DOP costs is good for the plasticizer Market; on the downstream side, the PVC market is rising, the DOP demand is rising, which is good for DOP market, and the downstream demand is warming up, which makes DOP manufacturers’ psychological expectation of price increase increase increase, and DOP’s price in 2020 is far lower than that in the same period, so the manufacturers’ price rising mentality is sudden Out. It is expected that the future DOP market will rise and recover.
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