Plasticizer DOTP fluctuates and falls

According to the Commodity Market Analysis System of Shengyishe, as of December 15th, the price of DOTP was 11840 yuan/ton, a fluctuating decrease of 1.99% compared to the price of DOTP on December 5th, which was 12080 yuan/ton. The main reason for the cost support for the record high DOTP price in December is due to the lack of cost support as the high price of raw material isooctanol has fallen, causing DOTP prices to fluctuate and fall this week.

Isooctanol prices fluctuate and fall

According to the commodity market analysis system of Shengyishe, the price of isooctanol surged in early December, but this week, the rise of isooctanol supported a decline, and the price of isooctanol fell from its high point. As of December 15th, the quoted price of isooctanol was 12650 yuan/ton, a decrease of 1.36% compared to the quoted price of 12825 yuan/ton on December 8th. In early December, the operating rate of downstream plasticizers increased at a high level, leading to active procurement by major plasticizer factories. As a result, demand for rigid isooctanol increased, resulting in a significant increase in isooctanol products; As the price of isooctanol rises, plasticizer manufacturers experience a decrease in profits and losses, the operating load of plasticizers decreases, the high price support for isooctanol is insufficient, the demand for isooctanol decreases, and the high price of isooctanol falls back.

Future expectations

Business Society plasticizer product data analysts believe that this week, the high starting point of plasticizer DOTP has fallen, the supply of DOTP has decreased, the enthusiasm for purchasing isooctanol has decreased, and the support for the rise of isooctanol has decreased. In the future, the high price of isooctanol will fall, the cost of raw materials will decrease, and the cost demand for plasticizer DOTP in the market will compete. It is expected that the price of DOTP will fluctuate and fall in the future.