The price of plasticizer DOTP fluctuated and fell this week

According to the Commodity Market Analysis System of the Business Society, as of October 16th, the price of DOTP was 11540 yuan/ton, a decrease of 5.73% compared to the price of 12241 yuan/ton on October 7th. This week, the price of isooctanol fluctuated and consolidated, with a significant drop in PTA prices. In addition, downstream customer restocking has ended, and the demand for plasticizer DOTP costs has decreased. This week, the price of DOTP fluctuated and decreased.

PTA prices have dropped significantly this week

According to the Commodity Market Analysis System of the Business Society, the PTA price on October 16th was 5871 yuan/ton, a significant drop from the price of 6213.64 yuan/ton on October 7th, with a decrease of 5.51%. Since October, crude oil prices have fluctuated and fallen, PTA costs have decreased, and the market trading atmosphere is average. PTA demand is poor, and PTA prices have dropped significantly this week; As crude oil prices rebound and rise, PTA costs support an increase, and PTA prices stop falling and rebound.

The price of isooctanol fluctuated and consolidated this week

According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on October 16th was 12500 yuan/ton, an increase of 1.13% compared to the fluctuating price of 12360 yuan/ton on October 7th. Upstream propylene prices have fallen, while the cost of isooctanol has decreased. This week, the downstream replenishment of isooctanol has ended, and the demand for isooctanol is poor. This week, the price of isooctanol has fluctuated and consolidated.

Future expectations

Business Society plasticizer product data analysts believe that PTA prices have significantly decreased this week, with isooctanol prices fluctuating and consolidating. Replenishment has ended, and downstream customers of isooctanol and PTA have poor purchasing enthusiasm. PTA prices have plummeted, and isooctanol prices have fluctuated and consolidated. Overall, the raw material cost of plasticizer DOTP has fluctuated and decreased, coupled with the end of downstream customer restocking of plasticizers, resulting in poor demand for plasticizers. It is expected that the price of plasticizer DOTP will plummet in the future.