DOP prices want to rise after falling sharply

According to the data monitoring of business society, after the DOP price hit a record high in August, the DOP price continued to weaken. With the decline of octanol price, the DOP price fell. The PVC market slowly warmed up in August, stimulating the recovery of DOP market. On August 13, the DOP price stopped falling and rebounded. As of August 13, the DOP price was 14825.00 yuan / ton, down 5.72% from 15725.00 yuan / ton on August 4; Compared with the DOP price of 14650.00 yuan / ton on August 12, it increased by 1.19%.

Raw material prices weakened and fell

As can be seen from the isooctanol price trend chart, the isooctanol market fell sharply in August. This week, the isooctanol price fell by 6.3%, the cost fell and the DOP price fell. The price of octanol continued to fall this week, the downward pressure on DOP increased, and the price of DOP fell.

The downstream market stopped falling and picked up

It can be seen from the PVC price trend chart that PVC fell first and then rose in August. This week, the PVC market warmed up, DOP purchasing enthusiasm increased, DOP downward pressure weakened and the upward momentum increased.

Market overview and future expectations

Bai Jiaxin, a DOP data analyst at business agency, believes that the price of octanol, a DOP raw material, fell sharply this week, and DOP prices followed suit; The PVC market recovered, the purchasing enthusiasm of DOP downstream rose, and the upward momentum of DOP still exists. Centralized procurement appeared at the weekend, the price of octanol stabilized, and the rise of PVC price stimulated the rebound of DOP price; At the same time, Fujian Chunda and Dongying yimeide units shut down, DOP supply decreased, DOP downward pressure weakened and upward momentum increased. In the future, DOP is mixed, and DOP prices are expected to stabilize in the future.