DOTP prices fell on October 13

According to the data monitoring of the business community, the DOTP price fell on October 13. After the continuous sharp rise of DOTP after the festival, the DOTP price fell slightly on October 13. As of October 13, the DOTP price was 14937.50 yuan / ton, down 0.91% from the DOTP price of 15075.00 yuan / ton on October 12 of the previous trading day; Compared with the DOTP price of 12766.67 yuan / ton on October 1 at the beginning of October, an increase of 17.00%. The rise of DOTP slowed down and the future DOTP market stabilized.

Raw material prices stabilize

According to the price monitoring of business society, the rise of raw material isooctanol slowed down on October 13, and the price of isooctanol stabilized. On October 13, PTA price fell, DOTP cost stabilized, DOTP rising pressure weakened, and DOTP market stabilized.

Future expectations

Bai Jiaxin, a DOTP data analyst at the business agency, believes that after the October Festival, the prices of isooctanol and PTA, the raw materials of DOTP, soared, and the cost of DOTP soared, stimulating the price rise of DOTP; The continuous sharp rise led to a decline in the purchasing enthusiasm of downstream customers, and insufficient demand led to insufficient support for the rise of DOTP industrial chain. On October 13, the price of raw materials stabilized and declined slightly, the rise of DOTP lost support, and the price of DOTP fell on October 13. Overall, the price of raw materials stabilized, the rise of DOTP was not supported, the power restriction remained, and the tight supply of DOTP remained. It is expected that the future DOTP price shock will stabilize.