DOTP prices rose this week

According to the data monitoring of the business agency, the DOTP price rose this week, and the overall DOTP market rose. As of January 17, the price of DOTP was 10500 yuan / ton, up 4.22% from 10075 yuan / ton on January 10; Compared with the DOTP price of 9775 yuan / ton on January 1, an increase of 7.42%%; This week, customers prepared goods actively during the Spring Festival, and the demand for DOTP increased, stimulating the rise of DOTP price.

The price of isooctanol rose sharply this week

According to the price monitoring of business agency, the price of isooctanol in China rose sharply this week, up 5.68%. Customers are actively preparing goods before the Spring Festival, the demand rises, and the price of isooctanol rises sharply. The price of isooctanol rose sharply and the cost of plasticizer DOTP rose. With the basic end of goods preparation for the Spring Festival, the transaction of isooctanol stabilized. In the future, the price rise of isooctanol slowed down and the rising power of DOTP weakened.

PTA prices fluctuated and rose

According to the price monitoring of the business agency, PTA prices fluctuated and rose this week. PTA prices continued the previous rise this week. Affected by the rise of crude oil prices, PTA prices follow the rise. On the demand side, PTA is still in the off-season, and the demand follow-up is insufficient. The space for PTA price rise is limited, mainly PTA price consolidation in the future. Limited benefits to DOTP.

PVC market shock rebound

According to the price monitoring of the business society, the PVC price stopped falling and rebounded this week, and the PVC market became warmer. As of January 17, the price of PVC was 8340 yuan / ton, up 0.12% from 8330 yuan / ton on January 10; Compared with the PVC price of 8320 yuan / ton on January 1, it rose by 0.24%. The spring festival atmosphere is getting stronger, and the terminal enterprises are reducing their burdens one after another. Affected by the low real estate boom, the orders of terminal building materials are lower than those in previous years, the rigid demand for PVC raw material procurement is expected to decrease one after another, and the goods preparation for the Spring Festival is coming to an end, and the rigid demand is reduced; The overall demand for plasticizers is insufficient. During the Spring Festival, PVC related manufacturers may have holidays in advance. In the future, the demand for DOTP is expected to decline, and the bad DOTP market still exists.

Future expectations

According to DOTP data analysts of business agency, DOTP prices rose this week due to the rise in the prices of raw materials isooctanol and PTA and the Spring Festival stock of downstream customers. This week, customers are actively preparing goods for the Spring Festival, actively purchasing just in need for a short time, and DOTP prices have risen sharply. In the aftermarket, the rising power of raw materials still exists. In the off-season of downstream demand, with the end of Spring Festival stock preparation, the rising support weakens, the rising power of DOTP is insufficient, and the downward pressure increases. It is expected that the price of DOTP will rise first and then stabilize in the aftermarket.