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Plasticizer: non - polar Thai market to meet the rise

  • Categories:Media coverage
  • Author:
  • Origin:
  • Time of issue:2018-12-06 11:20
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(Summary description)In November, the domestic DOP market trended downward, of which the East China market fell from 9650 yuan / ton to 8800 yuan / ton, a decrease of 8.8%; the Shandong region fell from 9500 yuan / ton to 8600 yuan / ton...

Plasticizer: non - polar Thai market to meet the rise

(Summary description)In November, the domestic DOP market trended downward, of which the East China market fell from 9650 yuan / ton to 8800 yuan / ton, a decrease of 8.8%; the Shandong region fell from 9500 yuan / ton to 8600 yuan / ton...

  • Categories:Media coverage
  • Author:
  • Origin:
  • Time of issue:2018-12-06 11:20
  • Views:
Information

In November, the domestic DOP market trended downward, of which the East China market fell from 9650 yuan / ton to 8800 yuan / ton, a decrease of 8.8%; the Shandong region fell from 9500 yuan / ton to 8600 yuan / ton, a decrease of 9.5%; 9800 yuan / ton fell to 9100 yuan / ton, a decrease of 7.1%; DBP took the Shandong market as an example, from 8550 yuan / ton to 7950 yuan / ton, a decrease of 7%. In December, the plasticizer industry chain entered a rebound stage, starting with raw material propylene and down to plasticizer products, and entering the general upswing stage.

Sino-US relations have eased, crude oil has risen sharply, and propylene has also rebounded. The raw material octanol and butanol have also followed up with propylene. In particular, for n-butanol, the increase has continued to increase. Taking Luxi Chemicals as an example, since December The price of Zhengding rose from 6,100 yuan / ton to 6,800 yuan / ton, an increase of up to 11.5%. The rising cost of raw materials drove the cost to rise, which also drove the buying sentiment.

The favorable external release led to an improvement in domestic demand at the stage. Affected by the upsurge in buying, inquiry and procurement have improved. DOP and DBP manufacturers have been trading heavily, and some manufacturers have limited stocks. For DBP, based on the raw material butanol first, the profit space has shrunk significantly, so the gains and gains have followed up significantly; but in terms of DOP, based on the octanol increase, the industry has a wait-and-see attitude, the gains are narrow, and the tentativeness is obvious. .

In view of the plasticizer industry's upward trend, the passiveness is still obvious, so the expectation for the subsequent upward trend is still insufficient. Propylene's current rally continues, but octanol will still follow up. However, based on butanol's price difference is still obvious, and octanol supply is still sufficient. In terms of phthalic anhydride, the ophthalmic anhydride market has not improved at all, and the market turnover is still at a low level. For DOP, the cost transmission effect is not obvious. The terminal demand has not improved, the buying up sentiment stimulates the stock preparation stage obviously, and under the cautious pursuit of the high, the relatively high market trading is difficult to have heavy volume, and will eventually return to just need.

Lack of demand support, depending on other factors, the upward trend is limited, and it is expected that short-term plasticizers will still follow up, but the basics of the upward trend are difficult to follow up. Although the raw materials are driving the upward trend, the industry is profitable Will continue to be restrained, and the more and more late, the trading will become weaker.

Article link: China Plastic Online http://info.21cp.com/industry/News/201812/1491388.htm

 

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