This week, the price of plasticizer DOTP stopped falling and rebounded
According to the Commodity Market Analysis System of the Business Society, as of September 21, the price of DOTP was 11440 yuan/ton, a decrease of 1.38% compared to September 14, when the price of DOTP was 11600 yuan/ton; Compared to September 20th, the price of DOTP increased by 0.70% to 11360 yuan/ton. In September, the inventory of DOTP increased, and DOTP manufacturers sold at a discount. The profit level of DOTP decreased, and DOTP losses intensified. Low price DOTP stimulated downstream demand to recover; On the raw material side, the low price source of isooctanol has been delisted, and the shipment of isooctanol is active with cost support, increasing the pressure on DOTP to rise; Under cost support and profit pressure from DOTP, the price of DOTP has stopped falling and rebounded this week.
The price of isooctanol has stopped falling and stabilized this week
According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on September 21 was 11720 yuan/ton, a decrease of 3.93% compared to the price of isooctanol on September 14, which was 12200 yuan/ton. The domestic isooctanol plant has started operating and restarted, resulting in an oversupply of isooctanol and a fluctuating decline in isooctanol prices; This week, the price of propylene fluctuated and increased. Under cost pressure, the space for reducing the price of isooctanol is limited, and the price of isooctanol has stabilized.
PTA prices rose first and then fell this week
According to the Commodity Market Analysis System of the Business Society, the PTA price on September 21 was 6300 yuan/ton, a decrease of 1.35% compared to the PTA price of 6386 yuan/ton on September 14; Compared to 6204 yuan/ton on September 11th, it increased by 1.55%. This week, multiple PTA devices have restarted, equipment operating rates have increased, PTA supply has increased, raw material acetic acid prices have increased, PX prices have stabilized at high levels, PTA raw material cost support has weakened, and PTA prices have fluctuated and fallen. Later on, there will be an increase in PTA device maintenance plans in the city, with a decrease in PTA supply expectations and an increase in PTA prices. Raw material costs are expected to rise, and DOTP cost support still exists.
Future expectations
Business Society plasticizer product data analysts believe that in terms of raw materials, the price of isooctanol has stabilized, PTA device maintenance plans have increased, and the cost support for plasticizer product DOTP still exists; In terms of profits, DOTP has been selling at a reduced price, and low-priced plasticizers have stimulated downstream demand for procurement. The rebound in demand has supported DOTP, which has rebounded this week. In the future, there is still a demand for low-cost plasticizers to support cost support, and it is expected that the price of plasticizer DOTP will fluctuate and consolidate in the future.
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