This week, DOTP prices rose in shock

According to the data monitoring of the business community, as of November 21, the average price of DOTP was 9900 yuan/ton, up 0.38% from the average price of 9862.50 yuan/ton on November 13. The price of raw materials rose in shock, while the DOTP rose in shock.

The price of raw materials fluctuated and rose

According to the data of the business association; The price of isooctanol rose sharply this week. As of November 21, the price of isooctanol was 9366.67 yuan/ton, up 2.18% from 9166.67 yuan/ton on November 13. The inventory of isooctanol was low, and the cost rose. The market was supported by a certain amount of good news, and the price of isooctanol rose in shock.

According to the data of the business community, as of November 21, the PTA price was 5713.33 yuan/ton, down 1.38% from the price of 5793.33 yuan/ton on November 13. The low level of international crude oil prices was adjusted by shocks, PTA costs decreased, PTA supply and demand were relatively balanced, PTA prices fell by shocks, and the upward momentum of DOTP was weakened.

Future market expectation

Analysts of DOTP data from the business agency believed that the raw material isooctanol rose in shock this week, PTA prices fell slightly in shock, and the cost of plasticizer DOTP raw materials rebounded in shock. DOTP cost support still exists, and it is expected that DOTP will become stable in the future.