The price of DOTP rose in shock this week

According to the data monitoring of the Business Agency, as of March 6, the average price of DOTP was 10037.50 yuan/ton, up 0.63% from the average price of 9975 yuan/ton on February 27. Plasticizer enterprises started to recover, DOTP supply was sufficient, DOTP cost support remained for rising raw material prices, and the price of DOTP rose in shock this week.

The price of raw materials fluctuated and rose this week

According to the data detection of the business agency; As of March 6, the price of isooctanol was 9471.43 yuan/ton, up 4.46% from 9066.67 yuan/ton on February 27. Downstream demand is slowly recovering, and downstream customers are often looking for bargains to replenish stocks. This week, the price of isooctanol fluctuated and rose, and the rising power of DOTP increased. Later, the stable demand for isooctanol started to warm up, and the price of isooctanol fluctuated and consolidated, and the rising power of DOTP increased.

According to the data of the Business Agency, as of March 6, the PTA price was 5790 yuan/ton, up 3.44% from the shock price of 5297.27 yuan/ton on February 27. This week, PTA enterprises began to resume construction. With the arrival of the traditional peak season in March, PTA demand rose, PTA prices fluctuated and rose in the future, and DOTP cost support remained. It is expected that DOTP rising power in the future will remain.

Aftermarket expectation

According to DOTP data analysts of the Business Agency, the prices of the raw materials of the plasticizer DOTP, isooctanol and PTA, rose sharply this week, and the cost of the raw materials of the plasticizer DOTP rose; Downstream customers are looking for bargains to replenish stocks, and the demand for DOTP has warmed this week, while the support for DOTP demand remains. With the economic recovery, the price of isooctanol rose, and the peak season came. PTA prices fluctuated and rose this week, and the demand for PVC recovered slowly. In the future, the cost support still remained and the demand recovered slowly. It is expected that DOTP will rise slightly in the future.