Price consolidation of plasticizer DOP in April
| Gamma-PGA (gamma polyglutamic acid) |
According to the Commodity Market Analysis System of Shengyishe, as of April 15th, the price of DOP was 9800 yuan/ton, an increase of 1.14% compared to the DOP price of 9690 yuan/ton on April 7th; Compared to April 1st, the price of DOP fluctuated and decreased by 0.91% at 9890 yuan/ton. The price of raw material isooctanol has fluctuated and fallen, while the price of phthalic anhydride has fluctuated and risen. The cost of plasticizer DOP has slightly decreased; The expectation of plasticizer enterprises starting production in April has decreased, and the supply of plasticizer DOP is sufficient; Downstream PVC enterprises are slowly destocking, and downstream plasticizers are in urgent need of procurement. Plasticizer manufacturers have high inventory levels, increasing pressure on the decline of plasticizers. The supply and demand of plasticizer DOP are weak, and the price of plasticizer DOP is fluctuating and consolidating.
Isooctanol prices stop falling and consolidate
According to the Commodity Market Analysis System of Shengyishe, as of April 15th, the quotation for isooctanol was 9520 yuan/ton, a decrease of 5.37% compared to the quotation of 10060 yuan/ton on April 1st; Compared to April 7th, the price of isooctanol was 9480 yuan/ton, an increase of 0.42%. In April, the price of isooctanol stopped falling and stabilized, with increased purchasing enthusiasm from downstream customers and active shipments from isooctanol manufacturers. The positive support for isooctanol increased.
Downstream prices of phthalic anhydride fluctuate and rise
According to the market analysis system for phthalic anhydride products by Business Society, as of April 15th, the quoted price of phthalic anhydride was 7725 yuan/ton, an increase of 1.48% compared to the price of 7612.50 yuan/ton on April 7th; Compared to April 1st, the price of phthalic anhydride fluctuated and increased by 1.81% to 7587.50 yuan/ton. The price of crude oil continues to rise, the cost of phthalic anhydride has risen, the price of nefa phthalic anhydride has risen, and the support for the rise of ortho phthalic anhydride has increased. The profit loss of phthalic anhydride is significant, and phthalic anhydride manufacturers have a greater willingness to increase. In the future, the price of phthalic anhydride will fluctuate slightly.
Downstream PVC prices fluctuate and rise
According to the Commodity Market Analysis System of Business Society, as of April 15th, the PVC quotation was 5566 yuan/ton, a slight increase of 0.65% compared to the PVC price of 5530 yuan/ton on April 1st. The downstream operation of plasticizers is normal, and spring maintenance is not active. The demand for plasticizers is still supported, and the downward pressure on the demand side of plasticizers in the future is limited.
Future expectations
Business Society plasticizer product data analysts believe that in terms of raw materials, the price of isooctanol has stopped falling and stabilized, while the price of phthalic anhydride has fluctuated and risen. The cost support for plasticizer DOP still exists; In terms of supply, the high starting point of plasticizer DOP is stable, and the supply of plasticizer DOP is sufficient; In terms of demand, PVC manufacturers are going out of stock, and there is still support for the demand for plasticizer DOP. In the future, the cost of plasticizer DOP has increased, and demand support still exists. It is expected that DOP prices will consolidate strongly in the future.
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