After the festival, DOTP prices rose in shock
According to the data monitoring of the business community, as of January 6, the average price of DOTP was 9900 yuan/ton, up 1.02% from the average price of 9800 yuan/ton on January 1. The cost stopped falling and the demand recovered, while the DOTP price rose in shock.
After the festival, the price of raw materials fell first and then rose
According to the data of the business association; As of January 6, the price of isooctanol was 9566.67 yuan/ton, down 1.71% from 9733.33 yuan/ton on January 1. Demand recovered, the price of isooctanol stopped falling and rose, the cost of DOTP rose, and the momentum for DOTP to rise increased.
According to the data of the business association, as of January 6, the PTA price was 5405.91 yuan/ton, a shock drop of 3.75% compared with 5616.36 yuan/ton on January 1. Crude oil prices fell in shock, PTA demand recovered, PTA cost fell and demand recovered. PTA prices fell first and then rose, DOTP cost stopped falling, and the downward pressure on DOTP in the future market weakened.
Future market expectation
According to DOTP data analysts of the business association, after the festival, the plasticizer DOTP raw material isooctanol stopped rising, PTA prices fell first and then rose, and the cost of plasticizer DOTP raw material stopped falling. On the whole, the demand for DOTP cost to stop falling has warmed up, and the DOTP price has risen in shock. It is expected that DOTP will become strong and stable in the future.