The price of raw materials fell sharply this week

DOTP prices fell sharply this week

According to the data monitoring of the Business Agency, as of February 10, the average price of DOTP was 10050 yuan/ton, down 6.51% from the average price of 10750 yuan/ton on February 5 last weekend. The price of raw materials fell and the demand was weak, and the downward pressure on the price of DOTP increased.

The price of raw materials fell sharply this week

According to the data detection of the business agency; As of February 10, the price of isooctanol was 9733.33 yuan/ton, down 8.75% from the price of isooctanol of 10666.67 yuan/ton on February 5. Downstream demand was weak this week, the price of isooctanol fell sharply, the cost of DOTP fell, and the upward momentum of DOTP weakened, and the downward pressure increased.

According to the data of the Business Agency, as of February 10, the PTA price was 5618.18 yuan/ton, down 2.52% from the price of 5763.64 yuan/ton on February 5 last weekend; Compared with the price of 5617.73 yuan/ton on February 6, the price increased by 0.01%. The cost support is insufficient, the downstream wait-and-see sentiment is strong, the PTA demand is weak, the PTA price is stable this week, the DOTP cost support is insufficient, and the downward pressure of DOTP in the future is still there.

Aftermarket expectation

According to DOTP data analysts of the Business Agency, the raw material of plasticizer DOTP, isooctanol, fell sharply this week, the price of PTA stabilized, the price of plasticizer DOTP raw material fell, the demand for DOTP was weak, and the cost fell. It is expected that DOTP will fall in the future.