The cost fell, and the price of DOTP fell in shock this week

The price of DOTP fell in shock this week

 

Gamma Polyglutamic Acid

According to the data monitoring of the Business Agency, as of February 17, the average price of DOTP was 9925 yuan/ton, down 1.24% from the average price of 10050 yuan/ton on February 10. The rise of DOTP was weak, and the price of DOTP fell in shock this week.

 

The price of raw materials fell sharply this week

 

According to the data detection of the business agency; As of February 17, the price of isooctanol was 9500 yuan/ton, down 2.40% from the price of isooctanol of 9733.33 yuan/ton on February 10. The demand is weak, the price of isooctanol fluctuates and falls, the cost of DOTP falls, and the downward pressure of DOTP price increases.

 

According to the data of the Business Agency, as of February 17, the PTA price was 5522.73 yuan/ton, down 1.70% from the price of 5618.18 yuan/ton on February 10; Compared with the price of 5476.36 yuan/ton on February 15, the price increased by 0.85%. The cost support is insufficient, the downstream wait-and-see sentiment remains, the PTA demand is weak, the PTA price fluctuates and falls this week, the DOTP cost support is insufficient, and the DOTP will fall under great pressure in the future.

 

Aftermarket expectation

 

According to DOTP data analysts of the Business Agency, the raw material of plasticizer DOTP, isooctanol, fell sharply this week, the price of PTA stopped falling, the price of plasticizer DOTP raw material fell, the demand for DOTP was weak, and the cost of DOTP fell. It is expected that DOTP will fall sharply in the future.

http://www.gammapolyglutamicacid.com

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