Recently, DOTP price fluctuated and fell

According to the data monitoring of the business association, the recent DOTP price fluctuated and fell. As of September 11, the DOTP price was 9800 yuan/ton, down 3.69% from 10175 yuan/ton on September 1 at the beginning of the month. Plasticizer enterprises started to recover slowly, and the supply of plasticizers increased. In September, DOTP prices fell in shock.

Plasticizer enterprises started to recover

With the decrease of temperature and rainfall in some areas, the situation of power shortage in Sichuan has been alleviated. General industrial and commercial power consumption in Sichuan Province has been completely restored. With the continuous support of the State Grid, the contradiction between power supply and demand in Sichuan was basically solved at the end of August and the beginning of September. After the end of power rationing, the supply and demand of plasticizer industry chain enterprises returned to normal, and with the advent of “golden nine and silver ten”, the operating rate of plasticizer enterprises increased, and the pressure of plasticizer price decline increased.

Raw material prices fluctuated and fell

According to the price monitoring of the business agency, the price of isooctanol has dropped due to the recent shock. As of September 11, the price of isooctanol was 8866.67 yuan / ton, down by 2.92% from 9133.33 yuan / ton on September 1 at the beginning of the month. In August, there were many overhauls of isooctanol enterprises, which led to a sharp rise in the price of isooctanol at the end of August. However, the plasticizer enterprises started to work at a low level, and the plasticizer enterprises were cautious in stocking up before the festival. The demand for isooctanol was weak, the support for the rise of isooctanol price was insufficient, and the price of isooctanol fell slightly.

According to the price monitoring of the business community, the recent PTA price fluctuated and rose. As of September 11, the PTA price was 6613.33 yuan/ton, up 4.05% from the shock of 6355.83 yuan/ton on September 1 at the beginning of the month. In September, PTA’s operating load was low, there were many enterprises that stopped production and overhauled, PTA’s supply was insufficient, and in addition, PX’s price rose and PTA’s cost rose, which greatly supported PTA’s price rise.

Future market expectation

Analysts of DOTP data from the business association believe that the plasticizer enterprises started to recover in September, PTA prices rose in shock, isooctanol prices stabilized in shock, and DOTP prices fell in shock. In the future, with the arrival of Jinjiu, the supply and demand of the plasticizer industry chain have both warmed up, the price of raw materials has risen in shock, and the downward pressure of the rising momentum of DOTP has been weakened. It is expected that the DOTP price will be strong and stable in the future.