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Henan Chuange Industry CO.,LTD [Henan,China] Business Type:Agent , Distributor/Wholesaler , Trade Company , Retailer , Service , Manufacturer Main Markets: Africa , Americas , Asia , Caribbean , East Europe , Europe , Middle East , North Europe , Oceania , Other Markets , West Europe , Worldwide Exporter:71% - 80% Certs:ISO9001, MSDS, REACH, RoHS, Test Report

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On December 12th, the domestic DOP market rose

December 12, 2023

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On December 11th, the price ratio index of isooctanol to DOP commodity was 128.71, an increase of 0.84 points from yesterday, a decrease of 12.86% from the highest point in the cycle of 147.70 points (2022-02-07), and an increase of 40.30% from the lowest point of 91.74 points on November 3rd, 2015. (Note: The cycle refers to the period from January 2012 to present). The price of isooctanol has fluctuated and fallen, while the price of DOP has fallen. The downward pressure on DOP is weak, and there is still upward momentum.

On December 11th, the price ratio index of phthalic anhydride to DOP commodity was 69.23, an increase of 1.12 points from yesterday, a decrease of 38.80% from the highest point of 113.13 points in the cycle (2022-10-16), and an increase of 53.27% from the lowest point of 45.17 points on July 27th, 2021. (Note: The cycle refers to the period from January 2012 to present). The price of phthalic anhydride fluctuates and stabilizes, while the price of DOP fluctuates and falls. The upward momentum of DOP weakens, and downward pressure still exists.

On December 12th, the DOP market in Jiangsu region rose with a price of 11700 yuan/ton. The DOP market in Shandong region is on the rise, with a price of 11500 yuan/ton, while the DOP market in Zhejiang region is on the rise, with a price of 11900 yuan/ton.

On December 12th, the DOP raw material phthalic anhydride market fluctuated and stabilized, the price of isooctanol fluctuated and stabilized, the cost of DOP raw materials fluctuated and stabilized, DOP enterprises started to rise, the downstream market stabilized, and downstream demand was average. Downstream customers had a strong willingness to purchase at lower prices, and the transaction price was subject to negotiation. DOP was quoted at 11500-11800 yuan/ton, with a price increase of 100-200 yuan/ton. The actual transaction price increased, but there was still a bearish trend in the DOP market. The DOP market rebounded and rose in the future.

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