Plasticizer DOTP drops significantly

According to the Commodity Market Analysis System of Business Society, as of March 12th, the price of DOTP was 11337.50 yuan/ton, a significant decrease of 4.53% compared to March 1st, which was 11875 yuan/ton. The price of raw material isooctanol has significantly decreased, the price of phthalic anhydride has fluctuated and fallen, the price of PTA has fluctuated and fallen, and the cost of plasticizers has decreased; Plasticizer manufacturers are operating steadily, DOTP supply is sufficient, downstream PVC production is temporarily stable at a low level, plasticizer demand is poor, plasticizer support is insufficient, and DOTP prices have dropped significantly this week.

The price of isooctanol has dropped significantly

According to the Commodity Market Analysis System of Shengyishe, as of March 12th, the price of isooctanol was 11875 yuan/ton, a decrease of 4.43% from the price of isooctanol on March 1st, which was 12425 yuan/ton. This week, the production of isooctanol has been stable, and the supply of isooctanol has increased; The shipment situation of iso octanol factories is poor, downstream manufacturers purchase at low prices, downstream demand is weak, and the price of iso octanol fluctuates and falls.

The price of phthalic anhydride fluctuates and falls

According to the Commodity Market Analysis System of Shengyishe, as of March 12th, the quotation for phthalic anhydride was 7587.50 yuan/ton, a decrease of 1.30% from the price of 7625 yuan/ton on March 1st. The operation of domestic phthalic anhydride plants is stable, with a recent operating rate of around 60%. The spot supply of phthalic anhydride is sufficient, and the sales situation of phthalic anhydride manufacturers is poor. In addition, the supply of naphthalene phthalic anhydride has slightly declined, which has affected the price trend of ortho phthalic anhydride. The price of phthalic anhydride has fallen, and the cost of plasticizer DOTP has decreased.

PVC prices rise first and then fall

According to the Commodity Market Analysis System of Shengyishe, as of March 12th, the PVC quotation was 5596 yuan/ton, a decrease of 0.21% from the PVC price of 5608 yuan/ton on March 1st; Compared to the price of 5632 yuan/ton on March 6th, the price of PVC has decreased by 0.64%. The trading situation in the PVC market is average, with futures prices falling, affecting the confidence of the spot market. Downstream procurement is more cautious, PVC spot market prices are falling, PVC demand is weak, and high priced goods are still difficult to trade. PVC prices have fluctuated and fallen, PVC manufacturers have temporarily stabilized at low operating levels, downstream demand is poor, PVC production is low, and demand for plasticizer DOTP is weak.

Future expectations

Business Society plasticizer product data analysts believe that in terms of raw materials, the price of isooctanol has dropped significantly, the prices of phthalic anhydride and PTA have fluctuated and fallen, and the cost of plasticizer DOTP has decreased; The production of plasticizer DOTP is stable, and the supply of plasticizer DOTP is sufficient; The PVC market is weak, and the demand for plasticizer DOTP is weak. In the future, the cost of plasticizer DOTP has decreased, downstream demand is weak, and it is expected that DOTP prices will fluctuate and fall in the future.