Costs rose, and DOTP prices rose in January

DOTP prices rose in January

According to the data monitoring of the Business Agency, as of January 30, the average price of DOTP was 10625 yuan/ton, up 8.42% from the average price of 9800 yuan/ton on January 1. The demand for higher costs recovered, and the price of DOTP rose in January.

Raw material prices rose in January

According to the data detection of the business agency; As of January 30, the price of isooctanol was 10533.33 yuan/ton, an increase of 8.22% compared with the price of isooctanol of 9733.33 yuan/ton on January 1. After the holiday, the downstream replenishment increased, the demand recovered, the price of isooctanol fluctuated and rose, the cost of DOTP rose, and the rising power of DOTP increased.

According to the data of the Business Agency, as of January 30, the PTA price was 5779.55 yuan/ton, up 2.91% from the price of 5616.36 yuan/ton on January 1. In January, PTA prices fell first and then rose. The demand for PTA was low before the holiday. PTA prices fluctuated and fell. Replenishment after the holiday. PTA demand warmed up. PTA prices stopped falling and rising. DOTP costs stopped falling and rising. The downward pressure on DOTP in the future still had an increasing momentum.

Aftermarket expectation

According to DOTP data analysts of the Business Agency, the raw material of plasticizer DOTP rose in January, the price of PTA stopped rising, and the cost of raw material of plasticizer DOTP rose; Replenishment after the holiday, the demand for plasticizer DOTP temporarily warmed up, and the replenishment ended, and the demand for plasticizer DOTP stabilized in the future. In general, the demand for DOTP cost increase in the future will be stable, and DOTP is expected to be strong and stable.