The DOP price in January is under great pressure from cost drag

1、 Price trend

 

Benzalkonium chloride

According to the data monitoring of business agency, the price of plasticizer DOP fell in January, and the market of DOP fell. As of January 31, the price of DOP in East China was 7300.00 yuan / ton, down 1.13% from 7383.33 yuan / ton at the beginning of the month, and down 13.44% from the same period last year.

 

2、 Market analysis

 

It can be seen from the figure that in January, the price of DOP raw material octanol fell in shock, which was bad for DOP market, the cost of plasticizer fell, the upward momentum of DOP weakened, the downward pressure increased, and the overall DOP market was bad.

 

Sodium Molybdate

In terms of phthalic anhydride, the price of phthalic anhydride fell in January, the cost of DOP fell sharply, which was negative for DOP market. The downward pressure of DOP is high.

 

3、 Future forecast

 

According to Bai Jiaxin, data analyst of DOP business agency, in January, DOP raw material prices continued to fall, DOP costs fell, and DOP downward pressure increased. Affected by the force majeure event, the equipment of the enterprise started at a low level, the logistics stopped, the high-speed transportation was difficult, the downstream customers started to reduce, the demand fell, and the overall supply and demand fell. Generally speaking, the downward pressure of DOP was large, and the DOP price remained stable in the short term.

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