After the holiday, the plasticizer DOP rose in response
| Gamma-PGA (gamma polyglutamic acid) |
According to the Commodity Market Analysis System of the Business Society, the prices of plasticizer products have skyrocketed after the holiday. As of May 4th, the price of DOP was 10367.50 yuan/ton, a sharp increase of 6.78% compared to the price of 9709.17 yuan/ton on May 1st; On May 4th, the price of DOTP was 10361 yuan/ton, an increase of 5.61% compared to the price of 9811 yuan/ton on May 1st; On May 4th, the DBP price was 9525 yuan/ton, an increase of 3.11% compared to the price of 9237.50 yuan/ton on May 1st. During the May Day holiday, equipment malfunctions occurred in isooctanol manufacturers. After the holiday, the price of isooctanol skyrocketed, and the prices of raw materials skyrocketed. In response, the price of plasticizers skyrocketed after the holiday.
The price of isooctanol skyrocketed after the holiday
From the comparison of prices of major isooctanol manufacturers before and after the May Day holiday, it can be seen that the prices of major isooctanol enterprises have skyrocketed after the holiday. Due to the impact of hydrogen peroxide equipment accidents, it has been difficult to ship isooctanol, resulting in a surge in isooctanol prices, a significant increase in the cost of plasticizer products, and an increase in the upward momentum of plasticizers.
Future expectations
Analysts from Business Society’s plasticizer product data believe that due to the impact of the Luxi chemical accident, the price of isooctanol has skyrocketed, and the cost of plasticizer products has increased, leading to a significant increase in plasticizer product prices. In the future, as isooctanol manufacturers resume supply, the cost of plasticizer raw materials is bound to fall, and the demand for plasticizers remains weak, with insufficient support for downstream increases. It is expected that plasticizer prices will remain high in the short term, and then may fall back from high levels.
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