Cost support decreases, DOTP prices fluctuate and fall this week

The price of plasticizer DOTP fluctuated and fell this week

 

Gamma Polyglutamic Acid

According to the Commodity Market Analysis System of the Business Society, as of September 14th, the price of DOTP was 11600 yuan/ton, a decrease of 2.11% compared to September 7th, when the price of DOTP was 11850 yuan/ton. The price of isooctanol has decreased, PTA prices have fluctuated and increased, raw material cost support has weakened, downstream PVC market has declined, cost support has weakened, and demand for plasticizers has decreased. This week, the price of plasticizer DOTP has fluctuated and decreased.

 

The price of isooctanol fluctuated and fell this week

 

According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on September 14th was 12200 yuan/ton, a decrease of 5.72% compared to the price of 12940 yuan/ton on September 7th. The domestic isooctanol plant has started operation and restarted, with sufficient supply of isooctanol. The price of raw material propylene has decreased, and the price of isooctanol has fluctuated and fallen.

 

PTA prices fluctuate and rise this week

 

According to the Commodity Market Analysis System of the Business Society, the PTA price on September 14th was 6386 yuan/ton, an increase of 3.20% compared to the PTA price of 6188.18 yuan/ton on September 7th. The PTA device unexpectedly reduced its load, the market supply stage tightened, the price of raw material acetic acid skyrocketed, PX prices fluctuated and increased, and the cost of PTA raw materials increased; With the arrival of the golden nine silver ten, downstream polyester demand has increased, and PTA demand has rebounded. The cost of raw materials has increased, and DOTP cost support still exists.

 

Future expectations

 

Analysts from Business Society’s plasticizer product data believe that in terms of raw materials, the prices of isooctanol fluctuate and fall, PTA prices fluctuate and rise, and the cost support for plasticizer products DOTP decreases; In terms of demand, the trading sentiment in the PVC spot market is poor, and actual purchases are cautious. Downstream buyers are more wait-and-see, with on-demand purchases being the main focus. PVC prices have fluctuated and fallen, and downstream purchasing enthusiasm has decreased. The support for plasticizer demand has weakened. In the future, as cost support weakens and demand decreases, it is expected that the price of plasticizer DOTP will fluctuate and consolidate in the future.

http://www.gammapolyglutamicacid.com

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