The price of DOTP rose in shock this week

According to the data monitoring of the Business Agency, as of February 24, the average price of DOTP was 9950 yuan/ton, up 0.25% from the average price of 9925 yuan/ton on February 17. Cost support is limited, and the price of DOTP rose slightly this week.

The price of raw materials fluctuated and rose this week

According to the data detection of the business agency; As of February 24, the price of isooctanol was 9533.33 yuan/ton, up 0.35% from 9500 yuan/ton on February 17. Downstream demand is still weak. Downstream customers mostly replenish stocks on Monday and Tuesday. With the increase of replenishment, the price of isooctanol has stopped falling and increased. The price of isooctanol has fluctuated and adjusted this week. The cost support for DOTP is still there, and the upward momentum for DOTP price is still there.

According to the data of the Business Agency, as of February 24, the PTA price was 5617.27 yuan/ton, up 1.71% from the price of 5522.73 yuan/ton on February 17. Upstream raw material prices rose at a high level, PTA prices rose slightly, DOTP cost support still exists, and DOTP has a strong upward momentum in the future.

Aftermarket expectation

According to DOTP data analysts of the business agency, the raw material of plasticizer DOTP, isooctanol, rose slightly this week, the price of PTA rose slightly, the cost of plasticizer DOTP raw material rose, the demand for DOTP remained weak, and downstream customers were on the hunt for bargains. In general, the cost support is still weak, and the demand is still weak. It is expected that the DOTP will shake and consolidate in the future.