Demand support is absent, and the plasticizer industry chain continues to decline

The plasticizer DOP industry chain is declining

 

Gamma-PGA (gamma polyglutamic acid)

According to the Commodity Market Analysis System of Shengyi Society, the DOP industry chain market first rose and then fell in July. This week, the DOP industry chain market has continued to decline, with three consecutive declines since July 15th. As of July 17th, the price of plasticizer DOP was 9700 yuan/ton, a fluctuating decrease of 2.14% compared to the DOP price of 9912.50 yuan/ton on July 12th; On July 17th, the price of isooctanol was 9440 yuan/ton, which fluctuated and fell by 3.08% compared to the price of 9740 yuan/ton on July 12th.

 

According to the Commodity Market Analysis System of Shengyi Society, the prices of major products in the DOP industry chain fluctuated and fell in July. As of July 17th, the price of upstream phthalic anhydride has slightly increased by 0.47%, the price of isooctanol has decreased by 2.78%, and the price of plasticizer DOP has decreased by 1.65%.

 

The price of raw material isooctanol continues to decline

 

According to the Commodity Market Analysis System of Shengyi Society, as of July 17th, the price of isooctanol was 9440 yuan/ton, a fluctuating decrease of 3.08% compared to the price of 9740 yuan/ton on July 12th; Compared to the price of 9710 yuan/ton on July 1st at the beginning of the month, the price of isooctanol fluctuated and fell by 2.78%. In July, the isooctanol market first rose and then fell. This week, the price of isooctanol fluctuated and fell. Downstream factories purchased according to demand, and the plasticizer market declined. Enterprises had poor enthusiasm for raw material procurement, and Shandong large factories sold at a discount. The market transaction center shifted downwards, and there was significant downward pressure on isooctanol prices.

 

The price of raw material phthalic anhydride is stabilizing

 

According to the Commodity Market Analysis System of Shengyi Society, the price trend of phthalic anhydride in the domestic phthalic anhydride market has been weak and stable this week. As of July 17th, the price of phthalic anhydride in the phthalic anhydride process was 8087.50 yuan/ton, which remained stable compared to the price of 8087.50 yuan/ton on July 8th; Compared to July 1st, the price of phthalic anhydride fluctuated and rose by 0.47% to 8050 yuan/ton. Domestic neighboring phthalic anhydride is priced at 7900-8100 yuan/ton before leaving the factory, while domestic naphthalene phthalic anhydride is priced at 7450-7550 yuan/ton before leaving the factory. The domestic production rate of phthalic anhydride is around 60%, and the spot supply of phthalic anhydride is stable. The sales situation of phthalic anhydride manufacturers is average, and the price of industrial naphthalene has fluctuated slightly. The naphthalene based phthalic anhydride market has fluctuated and fallen, while the ortho benzene market is temporarily stable. The ortho benzene based phthalic anhydride market is stabilizing. The phthalic anhydride market is weak and stabilizing, and there is still downward pressure on the phthalic anhydride market.

 

The market for plasticizer DOP has declined

 

According to the Commodity Market Analysis System of Shengyi Society, as of July 17th, the price of plasticizer DOP was 9700 yuan/ton, a fluctuating decrease of 2.14% compared to the DOP price of 9912.50 yuan/ton on July 12th; Compared to July 8th, the price of 10000 yuan/ton fluctuated and fell by 3.00%. The market for phthalic anhydride, a raw material for plasticizers, has fluctuated and stabilized, while the price of isooctanol has fluctuated and fallen. The cost of plasticizers has decreased, and the price of plasticizers has fluctuated and fallen. With the arrival of the hot and rainy season, PVC has entered a seasonal off-season in the industry, with both domestic demand off-season and export reduction coexisting. Downstream manufacturers are in the off-season, with low production levels and weak follow-up on actual transactions. The demand for plasticizers is poor, and there is significant downward pressure on plasticizers.

 

Future expectations

The data analyst of plasticizer products believes that the price of raw material isooctanol has fluctuated and fallen, the price of phthalic anhydride has fluctuated and stabilized, and the cost of plasticizer DOP has decreased; The PVC market is in the off-season, with weak follow-up on actual sales, poor demand for plasticizers, and insufficient support for plasticizer demand. In the future, with the decrease in upstream raw material costs and the off-season of downstream demand, the downward pressure on plasticizers is increasing, and the price of the DOP industry chain for plasticizers is weakly consolidating.

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