Price trend
| Sodium Molybdate |
According to the data monitoring of the business association, the plasticizer DOP market lost its support in January, and the DOP price continued to fall. As of January 12, the price of DOP was 9475.00 yuan / ton, down 8.45% from 10350.00 yuan / ton at the beginning of the month.
Upstream market of industrial chain
It can be seen from the octanol price trend chart that after the new year’s day, the octanol price plummeted, the DOP raw material cost fell, the DOP rising power lost support, and the downward pressure increased.
From the trend chart of phthalic anhydride, we can see that after the new year’s day, the price of phthalic anhydride continued to decline, the cost of raw material phthalic anhydride of DOP decreased significantly, and the downward pressure of DOP increased.
Downstream market of industrial chain
It can be seen from the PVC price trend chart that after the new year’s day, the PVC price continued to fall, the demand for DOP decreased, the downstream market of DOP was weak, and the bad news of plasticizer DOP market increased.
Market summary and future expectation
Bai Jiaxin, DOP data analyst of business news agency, believes that after the new year’s day, the prices of DOP raw materials octanol and phthalic anhydride plummeted, the DOP market lost its support, and the downward pressure of DOP increased; the downstream PVC market continued to decline, the demand for DOP was insufficient, and the rising power of DOP in the future was insufficient. The Spring Festival is just around the corner, and the demand for DOP will rise slightly in the near future. On the whole, the market of the industry chain plummeted, the downward pressure of DOP increased, the Spring Festival is coming, the short-term demand of DOP is picking up, which has a certain support for the DOP market. It is expected that the decline of DOP will continue in the future, but the decline will slow down.
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