The price of plasticizer DOTP stabilized after rising this week

According to the Commodity Market Analysis System of the Business Society, as of August 18th, the price of DOTP was 11700 yuan/ton, an increase of 0.69% compared to August 11th, when the price of DOTP was 11620 yuan/ton. The price of isooctanol has increased, PTA prices have fluctuated and fallen, overall raw material costs have increased, downstream PVC market is weak, and demand for plasticizers remains weak. The price of plasticizer DOTP has stabilized after rising this week.

The price of isooctanol has increased this week

According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on August 18th was 11760 yuan/ton, an increase of 4.63% compared to the price of 11240 yuan/ton on August 11th. The production of domestic isooctanol units has not resumed, the supply of isooctanol is still tight, and the price of isooctanol has continued to rise. The inventory of isooctanol is low, and the market center has shifted upwards. This week, the price of isooctanol has surged, and the cost of plasticizer DOTP raw materials has increased. As the price of isooctanol has risen to a high level, buying sentiment has become cautious. With the restart of isooctanol devices, the supply side of the isooctanol market is expected to be loose, and the sustained rise of isooctanol in the future is limited in support.

PTA prices fluctuated and fell this week

According to the Commodity Market Analysis System of the Business Society, the PTA price on August 18th was 5872.73 yuan/ton, a decrease of 0.71% compared to the PTA price of 5914.55 yuan/ton on August 11th. Crude oil prices have fluctuated and fallen, PTA costs have decreased, new PTA production has landed, PTA supply has increased, downstream construction is low, PTA demand is poor, PTA prices have fluctuated and fallen, the cost of plasticizer DOTP raw materials has decreased this week, and the downward pressure on plasticizer DOTP prices in the future has increased.

Future expectations

Business Society plasticizer product data analysts believe that the production of isooctanol has not yet resumed, the price of isooctanol has fluctuated and increased, PTA prices have fluctuated and decreased, and the pressure on the cost of plasticizer product DOTP to decrease has increased; Downstream PVC procurement enthusiasm is cold, and the demand for plasticizers remains cold; The operating rate of plasticizer enterprises is low, and the supply of plasticizers is tight. In the future, there is insufficient cost support, weak supply and demand, and weak support for the rise of plasticizer DOTP. It is expected that the price of plasticizer DOTP will fluctuate and consolidate in the future.