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The downward trend of the plasticizer industry chain continues.
In the long-term bottom-out trend, many products have made new lows, such as DOP, phthalic anhydride, o-xylene, etc.
At this stage, the industry's decline has not stopped, and most of the trading is to maintain just-needed small orders , for the recent market, Zhongyu Information will make the following analysis
.
The listed price of Sinopec o-xylene has now dropped to 4,300 yuan/ton.
Since January, the listed price has dropped from 6,300 yuan/ton to 2,000 yuan, a drop of 32%, which is a new low since 2005
.
The current market price of ortho-phthalic anhydride in East China is around 4,450 yuan/ton, and the price of naphthalene-based phthalic anhydride in the northern region is around 4,000 yuan/ton, which is also a new low
.
The DOP also continues to decline.
At present, the prices in all regions are breaking the 6,000 yuan/ton mark.
According to statistics, the price in Jiangsu is 5,900-6,000 yuan/ton for delivery, and the price in the north is 5,650-5,850 yuan/ton.
The price is delivered at 5900-6250 yuan / ton
.
In general, the plasticizer industry chain is still faced with external negative conditions and insufficient domestic demand.
Crude oil has fallen to a low level, and panic is still accompanied.
The main mentality of the industry is to be bearish and not buy or fall.
However, the export situation of DOP, phthalic anhydride, DBP, phthalate and other products from January to February was generally not good.
Therefore, in the state where the domestic market is the mainstay, the surplus problem is prominent, and the market will continue to bottom out
.
