This week, the price of plasticizer DOTP has dropped from a high point

According to the Commodity Market Analysis System of the Business Society, as of September 4th, the price of DOTP was 12031 yuan/ton, a decrease of 1.87% compared to the price of 12260 yuan/ton on August 28th. The price of isooctanol has decreased, PTA prices have stopped rising and stabilized, raw material cost support has weakened, downstream PVC market has stabilized, and plasticizer demand support is not there. This week, the price of plasticizer DOTP has fallen from its high point.

The high price of isooctanol has dropped this week

According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on September 4th was 12970 yuan/ton, a decrease of 0.54% compared to the price of 13040 yuan/ton on August 29th. The domestic isooctanol plant started slowly and restarted, the supply of isooctanol slowly recovered, and the high price of isooctanol fell.

PTA prices have stopped rising and stabilized this week

According to the Commodity Market Analysis System of Business Society, the PTA price on September 4th was 6179.09 yuan/ton, an increase of 1.61% compared to the PTA price of 6081.36 yuan/ton on August 28th. Crude oil prices fluctuate and rise, PTA costs rise, PTA prices fluctuate and rise, plasticizer DOTP raw material costs rise, and the support for future DOTP increases.

Future expectations

Business Society plasticizer product data analysts believe that the slow recovery of isooctanol production, the fluctuating rise of isooctanol prices, PTA prices, and the cost support for plasticizer product DOTP still exist; PVC prices are stabilizing, and downstream PVC procurement enthusiasm has rebounded less than expected, resulting in insufficient support for plasticizer demand. In the future, there is still insufficient demand support for cost support, and it is expected that the price of plasticizer DOTP will fall from a high point in the future.