DOP prices continue to decline

The recent market price of dioctyl phthalate (DOP) continued to fall. Last weekend, the high-end price in the East China market fell to 12,600 yuan (t price, the same below), the low-end products fell to 12,300 yuan, compared with the level of 16,000 yuan in the first half of this year, fell more than 3,000 yuan. Although the cost of octanol and phthalic anhydride, the raw materials for dioctyl adipate (DOA) and DOP, may have risen significantly in recent years, due to the general market recession, pessimism is expected to be strong. It is expected that in the near future, the DOP market will continue to be low. Run horizontally.

At present, there are about 130 domestic DOP production companies, and the total production capacity has exceeded 2.45 million tons per year. Among them, DOP production capacity in East China accounts for about 70% of the country's total, and South China accounts for about 17%. The main reason for the decline in the price of DOP is that the current PVC market is in a sluggish state. In particular, the recent demand for the PVC soft products market has been greatly reduced, and the usage of DOP has been greatly reduced. Second, middlemen are generally bearish on the market outlook, and their willingness to accept orders is getting smaller and smaller. Thirdly, the safety of DOP in recent years has caused widespread controversy in the international arena. Countries, such as Europe, the United States, Japan, and South Korea, have already issued regulations banning DOP in products such as food packaging, medical supplies and children's toys. Plastic processors, mainly for export, have replaced DOP with citric acid esters and epoxy acid ester-friendly plasticizers, which has also reduced the market demand for DOP to some extent.

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