Plasticizer industry chain: the uplink channel continues to open
As the star products of the plasticizer industry chain, phthalic anhydride and DOP continue to rise, and the increase is considerable. Other products octanol, butanol, DBP, DOTP are also rising, but the pace of growth is slow. On the whole, the plasticizer industry chain is in a state of full rebound, but it is also facing the same problem, the high price base is mostly just need to trade.
As shown in the above figure, the price chart of propylene and butanoctanol, although butanoctanol showed an upward trend, but the rise has slowed down, most of them are in the state of eliminating low prices. Propylene has been stable in the recent downward trend, but to a certain extent, it has alleviated the loss pressure of the butanoctyl alcohol industry, especially the octanol industry, which is basically near the cost line. In addition to the maintenance of octanol industry, the current low price has been reduced, and the manufacturer has basically maintained the level of 7500 yuan/ton. The recent trend of butanol is stable, and the manufacturers' offers are basically at 6800 yuan/ton. Although the cost of DOP and DBP is transmitted, the positive support effect is less than that of phthalic anhydride.
As shown in the above chart, the price of benzene anhydride industry has soared, and there are still expectations of a rise. The main driving force of the rise of phthalic anhydride is the shortage of raw materials. Benzene spot supply shortage, on the one hand is the import of few sources, on the other hand, China's benzene equipment factors, affecting the production of benzene, the current price of Sinopec benzene increased to 6500 yuan/ton self-pick, compared with the port side heard the trading price of 7300 yuan/ton, and phthalic anhydride hit 7000 yuan/ton price, petrochemical phthalic anhydride is still expected to have room to increase. In view of the shortage of phthalic anhydride, phthalic anhydride manufacturers can not purchase enough phthalic anhydride, coupled with environmental protection and other factors, insufficient construction, resulting in short supply, prices continue to rise. Naphthalene anhydride is also positive with the rise, less goods and industrial naphthalene upward trend release good news, the price in the north rose to 6400 yuan/ton self-lifting, and the price of phthalic anhydride 6800 yuan/ton, the price difference is not large, it is expected that the phthalic anhydride industry still has room for growth, for DOP, DBP industry to provide strong cost support.
As shown in the above figure, it is the price chart of DOP and DBP, and the center of gravity is rising. This rise, is still pulled by the cost, although the basis of the buy up driven by a certain replenishment, but still just need to level. DOP, DBP industry are in a state of loss, although the market is up, but the pace of the rise is far less than phthalic anhydride, so the industry is difficult to turn losses into profits, prices continue to rise, but the demand is insufficient to follow up, whether it is difficult to improve the terminal, or the strengthening of the awareness of high risk, the new order is not good to follow up, most of them just need a small order, and the attitude is clear.
is getting closer to eleven, for the gradual implementation of environmental protection and transportation measures, when the terminal production and sales will be limited situation will be increased, the demand for phthalic products will continue to decline. However, in view of the shortage of phthalic acid and phthalic anhydride, resulting in a decline in the DOP industry load, coupled with the high cost pressure, it is expected that the high price situation will be maintained, but more just need a small single level.