Adjustment of DOP price weakness in November
| Chitosan oligosaccharide |
According to the data monitoring of the business community, as of November 29, the DOP price was 10000 yuan/ton, down 150 yuan/ton or 1.48% from 10150 yuan/ton on November 1. In November, DOP prices fell in shock, and the weak DOP market was adjusted.
Adjustment of price weakness of raw material isooctanol
According to the price monitoring of the business community, as of November 29, the price of isooctanol was 9166.67 yuan/ton, down 0.36% from 9200 yuan/ton on November 1. Affected by the frequent outbreaks of the epidemic, isooctanol started to adjust, the demand for plasticizers was low, and the price of isooctanol was weak.
Price of raw material phthalic anhydride fluctuated and fell
According to the price monitoring of the business community, as of November 29, the quotation of phthalic anhydride by o-benzene method was 8687.50 yuan/ton, down 7.95% from the price of 9437.50 yuan/ton on November 1. The price of ortho phthalic acid dropped in shock, the operating rate of ortho phthalic anhydride increased, the supply of phthalic anhydride increased, and the price of ortho phthalic anhydride fell in shock.
| Gamma-PGA (gamma polyglutamic acid) |
The output of plastic products decreased year on year
According to the data released by the National Bureau of Statistics, the output of plastic products in October was 6.685 million tons, down 3.7% year on year. The output of plastic products declined, the demand for plasticizers decreased, and the downward pressure on plasticizers increased.
Future market expectation
According to the DOP data analysts of the business agency, in terms of cost, the prices of raw materials, such as isooctanol and phthalic anhydride, fell sharply in November, and the cost of DOP fell; On the demand side, the output of plastic products declined, the demand for plasticizers remained weak, and on the supply side, the plasticizer manufacturers started to work steadily. In general, the demand for DOP cost reduction is weak, and it is expected that the future DOP price will be adjusted due to weak shocks.
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