In December, DOTP prices fell in shock

DOTP prices fluctuated and consolidated in December

 

Melamine

According to the data monitoring of the business community, as of December 30, the average price of DOTP was 9800 yuan/ton, down 0.76% from the average price of 9875 yuan/ton on December 1. Weak demand for cost consolidation and weak consolidation of DOTP price.

 

Price consolidation of raw materials in December

 

According to the data of the business association; As of December 30, the price of isooctanol was 9833.33 yuan/ton, up 5.42% from 9233.33 yuan/ton on December 1. The effect of easing epidemic prevention and control was less than expected, the price of isooctanol rose in shock, the cost of DOTP was adjusted in shock, and the momentum for DOTP to rise remained.

 

According to the data of the business community, as of December 30, the PTA price was 5616.36 yuan/ton, down from 5553.33 yuan/ton on December 1, and up 1.13%. The international crude oil price fell first and then rose, the confidence of downstream textile enterprises recovered, downstream orders increased, the market periodically replenished, PTA demand recovered, PTA prices rose in shock, and DOTP gained momentum.

 

Future market expectation

 

According to DOTP data analysts of the business association, in December, the plasticizer DOTP raw material isooctanol was adjusted by shocks, PTA prices rose by shocks, and the cost of plasticizer DOTP raw material rose by shocks; For the downstream, the epidemic prevention and control measures continued to advance, the recovery of downstream enterprises accelerated, and the demand for DOTP warmed up. In the future, the demand for rising DOTP costs will recover. It is expected that DOTP will rise in a volatile way in the future.

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