DOP market picks up this week

Price trend

 

EDTA

According to the data monitoring of business association, the plasticizer DOP market recovered this week, and the price of DOP rose slightly. As of January 30, the DOP price was 9550.00 yuan / ton, up 1.60% from 9400.00 yuan / ton at the beginning of the week.

 

Upstream market of industrial chain

 

It can be seen from the price trend chart of isooctanol that the price of isooctanol fluctuated and rose this week, the transaction of isooctanol was good, the price was firm, the overall market of isooctanol was firm, the cost of DOP raw materials fluctuated and rose, the rising power of DOP increased, and the downward pressure weakened.

 

It can be seen from the trend chart of phthalic anhydride that the price of phthalic anhydride rose slightly this week, the market of phthalic anhydride recovered, the cost of raw material phthalic anhydride of DOP rose, the downward pressure of DOP weakened, and the upward momentum increased.

 

Downstream market of industrial chain

 

It can be seen from the PVC price trend chart that this week, PVC prices rose, PVC market recovered, DOP demand rose, DOP downstream market recovered, plasticizer DOP market increased.

 

Market summary and future expectation

 

Bai Jiaxin, DOP data analyst of business news agency, believes that this week, DOP raw material ISO octanol and phthalic anhydride prices fluctuated, DOP raw material costs rose, DOP price rising momentum increased; downstream PVC market recovered, DOP demand increased, DOP rising momentum increased. DOP enterprises started at a low level, and the operating rate was maintained at about 60%. Generally speaking, the DOP cost rises, the DOP rising power increases, the downstream market rises, and the DOP market warms up. DOP prices are expected to rise in the future. With the increase of DOP enterprises, DOP prices tend to stabilize.

Melamine