DOTP prices stabilized after a sharp rise and fall in October

According to the data monitoring of the business agency, the DOTP price soared and plummeted in October, and the overall DOTP market rose and plummeted in October and returned to stability. Affected by downstream centralized procurement and power rationing and production reduction after the festival, DOTP prices soared by 18.08% from October 1 to 12; With the end of centralized procurement and the recovery of plasticizer manufacturers, DOTP prices plummeted. From October 12 to October 19, DOTP prices plummeted by 11.94%; After that, DOTP entered a relatively calm period. From the 20th to the 27th, DOTP prices fell slightly, down only 3.58%. As of October 27, the DOTP price was 12800 yuan / ton, up 1.04% from the DOTP price of 12766.67 yuan / ton on October 1; Overall, the price of DOTP rose slightly in October, and the market of DOTP stabilized in October.

In October, the price of isooctanol soared, plummeted and fluctuated continuously

According to the price monitoring of the business community, in early October, the price of isooctanol soared due to the centralized procurement after the festival and the soaring price of raw material coal to syngas; With the end of centralized procurement, the demand for isooctanol declined, the downstream PVC price of plasticizer plummeted, the purchasing intention of plasticizer manufacturers declined seriously, and the downstream manufacturers of plasticizer no longer paid for the high price, the high price isooctanol lost support, the downward pressure of isooctanol increased, and the price of isooctanol plummeted; After that, the high price of isooctanol raw material coal syngas stimulated the rise of isooctanol price. However, with the national macro-control, the rising momentum of coal related products was blocked, the rise of isooctanol was frustrated again, and the price of isooctanol fell again. In general, the price of isooctanol remained high in October. However, due to the high cost of isooctanol, there is limited room for the decline of isooctanol in the future.

PTA prices fluctuated and rose in October

According to the price monitoring of the business community, the PTA market was adjusted at a high level in October, the PTA price fluctuated slightly in October, the price of raw materials fluctuated and rose, and the cost of DOTP rose, which was good for the DOTP market.

PVC market generally declined in October

According to the price monitoring of the business society, the PVC price first rose and then fell in October. After the festival, PVC manufacturers purchased intensively, which stimulated the sharp rise in the price of raw material plasticizer, and the PVC price followed. As of October 12, the PVC price soared by 15.2%; The end of centralized procurement, the impact of restricted films, insufficient downstream demand, and the price of PVC plummeted. As of October 27, the price of PVC plummeted 23.75% compared with October 12. As of October 27, PVC prices fell by 12.02% in October; Overall, the PVC market plummeted in October, the demand for plasticizers declined, the downstream customers of plasticizers were less motivated to purchase, and the downward pressure on DOP prices was great.

Future expectations

Bai Jiaxin, a DOTP data analyst at the business agency, believes that in early October, affected by the centralized procurement after the festival and power rationing and production reduction, the market demand surged in the short term, the short-term supply shortage intensified, and the product price of the plasticizer industry chain soared; After the centralized procurement, the start-up of plasticizer manufacturers picked up, the supply of plasticizer increased, the demand decreased, and the product price of plasticizer industrial chain plummeted. After two weeks of adjustment, after the 20th, the supply and demand of plasticizer industry chain products are relatively balanced, and the price of plasticizer has entered a relatively stable period. The main influencing factors of plasticizer DOP price are raw material cost and downstream purchase intention. On the raw material side, octanol was adjusted at a high level in October, PTA prices rose slightly in October, and DOTP prices rose in October with sufficient support. Overall, the prices of raw materials isooctanol and PTA fluctuated and fell, the cost of DOTP decreased, and the downward pressure of DOTP increased; On the demand side, the price of PVC continued to fall sharply, the demand for DOTP decreased, and the support for the rise of DOTP was insufficient. In the future, the upward momentum of DOTP weakened and the downward pressure increased. However, due to the high prices of raw materials isooctanol and PTA and the high cost of DOTP, there is limited room for DOTP to fall. It is expected that the price of DOTP will fluctuate and fall slightly in the future.

1、 Price trend

Latest price (October 26): 50666.67 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on October 26, the price of refrigerant R134a was temporarily stable and still held the early quotation. Some enterprises continued to increase. The current market price is 55000 yuan / ton, the price is high, and there is little room for negotiation. At present, the cost side has strong support, the units of refrigerant manufacturers are not saturated, the on-site supply is tightened, and R134a continues to operate at a high level.

R134a market is expected to be strong in the short term.

On October 25, the price of orthobenzene was strong and stable

According to the data monitoring of business society, the quotation of o-xylene on the 25th maintained the price on the 22nd, and the strong market of o-xylene still exists. As of October 25, the listed executive price of orthobenzene Sinopec was 6900 yuan / ton, which was more stable than that of orthobenzene last week; In October, the settlement price of orthobenzene increased by 298 yuan / ton, and the orthobenzene market remained strong in October.

Industry chain Market

According to the monitoring data of business society, the price of mixed xylene fluctuated and rose, and the cost of o-xylene rose; The port’s o-benzene slowly goes to the warehouse, the price of imported o-benzene rises, the downstream phthalic anhydride market remains stable at a high level, and the driving force of o-benzene rise is large.

Market Overview

According to the monitoring of business society, mixed xylene continued to rise on the 25th, the price of mixed xylene increased slightly, the cost of o-xylene increased, and the driving force of o-xylene increased; The high price of phthalic anhydride maintains stability, and the downstream market of o-xylene is good. Overall, the cost of o-xylene rose, and the market of o-xylene remained strong.

Price: industrial grade lithium carbonate 177200 yuan / ton, battery grade lithium carbonate 184400 yuan / ton

Analysis: the price of lithium carbonate remains stable today. At present, due to the excessive pressure of power limitation superimposed cost of downstream enterprises, the procurement demand has weakened, which has relaxed the tension of industrial carbon and electric carbon shipment. Therefore, all enterprises are in the state of tentative quotation, the market wait-and-see mood is strong, there are relatively few transactions, and the price remains stable.

Forecast: at present, due to the influence of limited gas and power restriction policy, the price rise of lithium carbonate is small, and the short-term price adjustment of lithium carbonate is expected to be still small.

Trade name: dichloromethane

Latest price (October 21): 8562 yuan / ton

Key points of analysis: according to the monitoring of business society, the price of dichloromethane in Shandong was 8562 yuan / ton on the 21st, which was stable compared with the previous day. After the festival, the start-up of domestic methane chloride units continued to remain low, coupled with the sharp rise in the price of raw material methanol, and the price of dichloromethane rose under the support of cost. However, with the high price, on the one hand, the downstream has resisted the high price. On the other hand, with the recent decline of coal futures price, the raw material methanol is mainly empty, and the cost is slightly empty in the face of dichloromethane price. According to the monitoring of business agency, as of October 21, the spot exchange of Shandong Jinling chloroform apron was 8550 yuan / ton.

Future forecast: at present, the price of raw materials is at a high level, but dichloromethane is at a high stage. It is expected that dichloromethane will mainly maintain stability in the later stage.