DOTP prices fell slightly
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According to the data monitoring of business society, the DOTP price fell slightly this week, and the overall DOTP market fell slowly. As of December 10, the price of DOTP was 10575 yuan / ton, down 2.98% from 10900 yuan / ton last weekend (December 3); DOTP prices fell slightly this week, and the decline of DOTP market slowed down.
Isooctanol price volatility weakened
According to the price monitoring of business agency, the domestic isooctanol market continued its downward trend this week. During the week, the price of isooctanol factory rose and fell inconsistently. On Monday and Tuesday, downstream customers made up stocks on bargain hunting. In addition, the sharp rise in crude oil price boosted the customer’s mentality, and the price of isooctanol rose slightly; After that, the inventory pressure was released, but the buyer carefully purchased the high-end price in the market, the trading volume of new orders in the market decreased one after another, the negotiation of high price spot was deadlocked, the bearish mentality on the floor increased again, and the price of isooctanol fell again in the second half of the week. Downstream customers generally purchase, the transaction of isooctanol is cold, the cost of plasticizer DOTP decreases, and DOTP has great downward pressure.
PTA prices rose first and then fell
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According to the price monitoring of the business community, the sharp rise in the international crude oil price stimulated the PTA price to follow up, and the positive support on the cost side remained. Moreover, the PTA unit was planned to enter the maintenance, and the PTA price increased slightly. However, in the off-season of the PTA market, the demand was not followed up enough, the PTA price increase space was limited, and the PTA price fell slightly on Friday. The rise in raw material prices and DOTP costs is good for the DOTP market.
PVC market fell slightly
According to the price monitoring of business society, the PVC market fell slightly this week, and the PVC price fluctuated and fell this week. PVC disk was weak, futures PVC prices fell, and the spot market was cold. The PVC market fell, weakening the positive and negative effects on the DOP market.
Future expectations
According to DOTP data analysts of business agency, the price of DOTP raw materials rebounded and adjusted this week, PTA price rebounded and rose, isooctanol price rose first and then fell, the decline of DOTP cost slowed down, and the downward pressure of DOTP weakened; On the demand side, the price of PVC fell, the PVC market was weak and downward, the demand for plasticizer was cold, and the downward pressure of DOTP was large. Overall, the downward pressure of plasticizer DOTP weakened this week, the upward momentum still exists, and the decline of DOTP price slowed down; However, the demand for Plasticizer in the future is insufficient, and the future DOTP market is dominated by weak operation.
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