DOTP prices stabilized after falling this week

According to the data monitoring of business society, the DOTP price stabilized after falling this week, and the overall DOTP market fell. As of November 12, the price of DOTP was 12212.50 yuan / ton, down 1.91% from 12450 yuan / ton last weekend (November 5); This week, the price of DOTP continued its decline last week. DOTP fell slightly and the DOTP market fell.

Isooctanol prices fell this week

According to the price monitoring of business society, the price of isooctanol fell slightly this week. Under the national macro-control, coal related products are easy to fall but difficult to rise. This week, affected by the decline in the price of raw material coal to syngas, the cost of isooctanol decreased, the price of isooctanol decreased, the cost of plasticizer DOTP decreased, and the downward pressure of DOTP increased.

PTA prices rose first and then fell this week

According to the price monitoring of business society, PTA prices rose briefly due to the favorable cost side, the maintenance expectation of PTA device and the impact of weather on northern port logistics. The sharp decline in international crude oil prices weakens PTA cost support. At present, the wait-and-see atmosphere of downstream factories is increasing, the procurement enthusiasm is not high, the demand follow-up is insufficient, and PTA price shocks are weak. The raw material market weakened and the cost of DOTP decreased, which was bad for the DOTP market.

PVC market stopped falling and rebounded this week

According to the price monitoring of the business agency, the PVC market stopped falling and rebounded this week, and the bank’s desire rose. The PVC disk was strong, the futures PVC price fluctuated and rose, which boosted the rising atmosphere of the spot market, the enterprise quotation was tentatively increased, the market trading atmosphere gradually improved, and the focus began to move upward. PVC market rose, which was good for DOTP market.

Future expectations

Bai Jiaxin, DOTP data analyst of business agency, believes that due to the two-way impact of cost and demand, the DOTP market stabilized after falling this week. On the cost side, the prices of isooctanol and PTA fluctuated slightly, and there is a great possibility of future decline. The cost support of DOTP is weakened, and the downward pressure of DOTP is large; On the demand side, PVC prices stopped falling and rebounded, the PVC market warmed up, the demand for plasticizers was expected to rise, and the upward momentum of DOTP increased. Overall, the plasticizer DOTP has increased the momentum of future rise, and the downward pressure still exists. It is expected that the price shock of DOTP will stabilize.