The price of plasticizer DOTP skyrocketed after the holiday
According to the Commodity Market Analysis System of the Business Society, as of October 7th, the price of DOTP was 12241 yuan/ton, an increase of 5.43% compared to the price of DOTP on October 1st, which was 11610 yuan/ton. After the holiday, the price of isooctanol surged, coupled with an increase in downstream customer restocking, resulting in a significant increase in DOTP prices.
The price of isooctanol has significantly increased after the holiday
According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on October 7th was 12360 yuan/ton, an increase of 2.83% compared to the price of isooctanol on October 1st, which was 12020 yuan/ton. During the holiday period, plasticizer manufacturers actively purchased, coupled with downstream restocking of isooctanol after the holiday, resulting in an increase in demand for isooctanol and a significant increase in the price of isooctanol after the holiday.
Future expectations
Business Society plasticizer product data analysts believe that during the Double Festival period, downstream customers of isooctanol actively purchase, and after the festival, plasticizer enterprises replenish their inventory, resulting in a significant increase in isooctanol prices; Crude oil prices plummeted, and PTA prices followed suit after the holiday. Overall, the price of raw materials for plasticizer DOTP has significantly increased, coupled with downstream customer restocking of plasticizers, leading to an increase in demand for plasticizers. It is expected that the price of plasticizer DOTP will rise significantly in the future.
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