The importance of PVC steel wire hose to industry
According to data monitoring, the DOP commodity index was 101.19 on February 23, 0.9 points higher than yesterday, 0.93% lower than the highest point in the cycle 102.14 points (2012-09-09), and 146.02% higher than the lowest point 41.13 points on April 07, 2020. (Period refers to 2011-09-01 to present). DOP price hit a historical high, the historical performance of the plasticizer market. Why price of plasticizer in the year of the ox so high? We deeply analyze the industry chain.
Plasticizer industry chain prices generally skyrocketed, industry chain product prices support each other, plasticizer prices in the short term strong, but still need to be alert to the risk of collapse.
Affected by the rise of crude oil, mixed xylene and downstream phthalic anhydride rose sharply, but the rise of mixed xylene, phthalic anhydride is high, the price of downstream products is weakened, and the rise of later city phthalic anhydride is insufficient support; The price of isooctanol is adequately supported by the increase under the influence of maintenance and shutdown, but the high price of isooctanol restrains the purchasing enthusiasm of downstream customers, and isooctanol cannot continue to rise.
Due to the high cost of raw materials and the impact of downstream rigid procurement, DOP manufacturers have low equipment start-up, limited DOP inventory, and sufficient support for DOP rise. However, downstream customers’ resistance to high-priced plasticizer increases, and the support for DOP rise weakens. And the downstream cost pressure is transmitted to the upstream industry chain, plasticizer downward pressure increases.
Generally speaking, the plasticizer industry chain has a large driving force, and the high price of the products in the industry chain supports it. However, the downstream customer procurement is mainly based on rigid demand, and customers are more resistant to high-priced raw materials. The downstream cost is transmitted to the upstream, and the downward pressure of the upstream products is increased. The plasticizer industry chain products are expected to rise power still exists, but the rising power weakened the pressure to increase. Afternoon plasticizer industry chain product prices are expected to rise slightly shock, but vigilant price slump.
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