Weak consolidation of plasticizer product DOTP this week

According to the Commodity Market Analysis System of the Business Society, as of April 17, the average price of DOTP was 9971 yuan/ton, a decrease of 0.19% compared to the average price of 9990 yuan/ton on April 10. Plasticizer enterprises started steadily, raw material support was absent, DOTP quotation remained firm, market transactions were cold, the actual transaction price center moved down, and DOTP price was weak and consolidated this week.

Market situation of raw material products

According to the Commodity Market Analysis System of the Business Society, as of April 17, the price of isooctanol was 9114.29 yuan/ton, a fluctuation decrease of 1.24% compared to the price of isooctanol on April 10, which was 9228.57 yuan/ton. This week, the production of isooctanol enterprises was at a low level, and the supply of isooctanol is expected to decrease. Demand side plasticizer enterprises have temporarily stabilized their production, and the weak and volatile consolidation of isooctanol will be the main trend in the future.

According to the Commodity Market Analysis System of the Business Society, as of April 17th, the PTA price was 6520.91 yuan/ton, an increase of 2.68% compared to the fluctuating price of 6350.91 yuan/ton on April 10th. Cost support, PTA prices fell first and then rose this week, with a slight increase in PTA market.

Downstream demand is weak

According to the Commodity Market Analysis System of the Business Society, as of April 17, the price of PVC was 5994 yuan/ton, a decrease of 1.20% compared to the PVC price of 6066.67 yuan/ton on April 10. The PVC spot market is relatively light, and the futures market has performed poorly. The overall market atmosphere is relatively empty, with insufficient confidence on the market. The inquiry atmosphere in the PVC spot market is weak, and the enthusiasm for buying goods is not good. PVC prices have fallen.

Future expectations

Business Society plasticizer product data analysts believe that this week, the price of DOTP plasticizer raw material isooctanol has fluctuated and decreased, PTA prices have fluctuated and increased, and the support for raw material prices has weakened. On the demand side, PVC prices are weak and declining, while downstream demand is weak. Overall, cost support weakens and demand is weak, while plasticizer DOTP market is mainly weak and consolidating.