Cost reduced, DOTP price fluctuates and falls this week

The price of plasticizer DOTP fluctuated and fell this week

 

Thiourea

According to the Commodity Market Analysis System of the Business Society, as of June 2, the price of DOTP was 9602 yuan/ton, a decrease of 3.31% compared to the price of 9931 yuan/ton on May 26. Raw material prices have fallen, costs have decreased, and the price of plasticizer DOTP has fluctuated and fallen this week.

 

The price of isooctanol has dropped significantly this week

 

According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on June 2nd was 9080 yuan/ton, a decrease of 6.30% compared to 9690 yuan/ton on May 26th. This week, the price of isooctanol has experienced a significant fluctuation and decline, with weak market trading performance. The pressure on the cost of plasticizer products has increased, and the price of plasticizer DOTP has fluctuated and fallen.

 

PTA prices fluctuated and fell this week

 

According to the Commodity Market Analysis System of the Business Society, PTA prices have fluctuated and increased this week; As of June 2nd, the PTA price was 5670 yuan/ton, an increase of 1.41% compared to the PTA price of 5590.91 yuan/ton on May 26th. PTA device maintenance, PTA supply decline, traditional off-season in the terminal textile market, PTA demand decline, PTA supply and demand are weak, PTA prices fluctuate and rise, and there is insufficient support for PTA rise in the future.

 

Future expectations

 

Business Society plasticizer product data analysts believe that the price of isooctanol has significantly decreased this week, PTA prices have slightly increased, plasticizer product raw material prices have decreased, and DOTP costs have decreased. Overall, the supply of isooctanol and PTA is normal, the cost of plasticizer DOTP raw materials has decreased, and the demand for plasticizers remains weak. It is expected that plasticizer prices will fluctuate and fall in the future.

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