In November, DOTP prices fell in shock

According to the data monitoring of the business community, as of November 30, the average price of DOTP was 9850 yuan/ton, down 1.87% from the average price of 10037.50 yuan/ton on November 1. The cost fell and the demand was weak, and DOTP fell in November.

The price of raw materials fell in November

According to the data of the business association; As of November 30, the price of isooctanol was 9166.67 yuan/ton, down 0.36% from 9200 yuan/ton on November 1. Affected by the frequent outbreaks of the epidemic, isooctanol started to adjust, the demand for plasticizers was low, and the price of isooctanol was weak.

According to the data of the business community, as of November 30, the PTA price was 5511.67 yuan/ton, down 3.09% from 5687.50 yuan/ton on November 1. The international crude oil price fell sharply, the PTA cost fell, the supply and demand of PTA were relatively balanced, the PTA price fell sharply, and the downward pressure on DOTP increased.

The output of plastic products declined month on month

According to the data released by the National Bureau of Statistics, the output of plastic products in October was 6.685 million tons, down 3.7% year on year, and the output in September was 6.92 million tons month on month. The output of plastic products fell both month on month, the demand for plasticizers decreased, and the downward pressure on plasticizers increased.

Future market expectation

Analysts of DOTP data from the business association believed that in November, the price of plasticizer DOTP raw materials, isooctanol and PTA, was adjusted by shocks, and the cost of plasticizer DOTP raw materials decreased; The output of plastic products declined, the demand was weak, and the downward pressure on DOTP increased. On the whole, the demand for DOTP cost reduction is weak, and it is expected that DOTP shocks will become stable in the future, and weak shocks will be adjusted.