The new order price of plasticizer DOTP surged in December

According to the Commodity Market Analysis System of Shengyishe, as of December 5th, the price of DOTP was 12080 yuan/ton, a significant increase of 5.04% compared to December 1st, which was 11500 yuan/ton. Some plasticizer companies have raised their DOTP prices by nearly a thousand yuan, while the price of raw material isooctanol continues to rise, supporting costs. At the beginning of the month, the price of new DOTP orders surged.

The price of isooctanol continues to steadily rise

According to the Commodity Market Analysis System of Business Society, the price of isooctanol has been continuously rising since mid November. As of December 5th, the quotation for isooctanol is 11740 yuan/ton, an increase of 5.20% from the quotation of 11160 yuan/ton on November 11th. In November, the operating rate of downstream plasticizers increased, and large plasticizer factories actively purchased. The demand for rigid isooctanol increased, and isooctanol products showed a fluctuating upward trend. In the past three months, the operating rate of isooctanol enterprises has gradually recovered, and the supply of isooctanol has increased. With the continuous rise of isooctanol prices, the purchasing enthusiasm of downstream plasticizer enterprises has declined under price pressure, and the supply and demand of isooctanol have been weak. In the future, the support for the rise of isooctanol has weakened, and the downward pressure has increased.

Future expectations

Business Society plasticizer product data analysts believe that the high production of plasticizer DOTP leads to an increase in DOTP supply; With the increase in DOTP prices, DOTP profits have increased, and downstream real order bargaining space has increased. Downstream customers have a strong willingness to purchase at lower prices. The continuous rise in the price of raw material isooctanol supports a significant increase in DOTP prices. In the future, there is insufficient support for the price increase of isooctanol, the cost of raw materials stabilizes, the supply and demand of plasticizer DOTP are weak, and downstream customers have a strong willingness to purchase at lower prices. It is expected that the high price of DOP will fall in the future.