DOTP prices fell first and then rose this week

According to the data monitoring of the business community, as of November 14, the average price of DOTP was 10862.50 yuan/ton, down 3.78% from the average price of 10250 yuan/ton on November 4. Raw material prices fell first and then rose, while DOTP fell first and then rose. The overall DOTP market was volatile and stable.

Adjustment of raw material price fluctuation

According to the data of the business association; The price of isooctanol fell first and then rose this week. As of November 14, the price of isooctanol was 9166.67 yuan/ton, down 3.85% from 9533.33 yuan/ton on November 4. Transportation basically recovered this week, and the manufacturer’s shipment recovered. The price of isooctanol fell first and then rose. The demand was temporarily stable, and the support for the price rise of isooctanol in the future remained.

According to the data of the business community, as of November 14, the PTA price was 5809.58 yuan/ton, an increase of 0.38% compared with the price of 5787.50 yuan/ton on November 4. Recently, the price of crude oil fell first and then rose, PTA cost was adjusted by shocks, PTA supply and demand were relatively balanced, PTA price was stabilized by shocks, and DOTP’s upward momentum remained.

Future market expectation

Analysts of DOTP data from the business association believed that the raw material isooctanol fell in shock this week, PTA prices rose slightly in shock, and the overall cost of plasticizer DOTP raw materials stabilized in shock. In the future, the DOTP cost support is weakened, and the demand is temporarily stable. It is expected that the DOTP will become stable in the future.