Cost support still exists, and the price of DOTP fluctuates and rises this week

The price of DOTP fluctuated and rose this week

 

According to data monitoring by Business News Agency, as of March 20, the average price of DOTP was 10112.50 yuan/ton, up 1.51% from the average price of 9962.50 yuan/ton on March 10. Plasticizer enterprises have started operations steadily, and the supply of DOTP is sufficient. The cost support for DOTP remains due to the rise in raw material prices. This week, the price of DOTP fluctuated and increased.

 

Thiourea

Raw material prices fluctuated and rose this week

 

According to business agency data detection; As of March 20, the price of isooctanol was 9321.43 yuan/ton, up 0.38% from the shock of 9285.71 yuan/ton on March 10. Downstream demand for isooctanol is temporarily stable, and downstream customers are seeking bargains to replenish inventory. This week, the price of isooctanol fell first and then rose. The upward momentum of DOTP increased, and the downward pressure remains. In the future, the stable demand for isooctanol is temporarily stable, and the price of isooctanol is strongly consolidated. In the future, the upward momentum of DOTP increased, and the downward pressure remains.

 

According to data testing by Business News Agency, as of March 20, the PTA price was 5987.27 yuan/ton, up 2.03% from the shock price of 5868 yuan/ton on March 10. This week, PTA enterprises started construction and rose. March is a traditional peak season, with an increase in PTA inventory removal and a slow recovery in PTA demand. PTA prices fluctuated and rose this week, and DOTP raw material cost support remains. It is expected that the momentum for DOTP growth in the future will remain.

 

Aftermarket expectations

 

According to DOTP data analysts from the Business News Agency, this week, the raw material of plasticizer DOTP, isooctanol, rose in shock, the price of PTA rose in shock, and the raw material cost of plasticizer DOTP rose; Downstream customers are hunting for bargains to replenish their inventories. This week, DOTP demand is temporarily stable, and DOTP demand support remains. The price of isooctanol fluctuates and rises. As the peak season approaches, PTA prices fluctuate and rise. In the future, cost support remains and demand is temporarily stable. It is expected that DOTP will consolidate strongly in the future.

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