High level consolidation of plasticizer DOTP this week
| Azodicarbonamide (AC foaming Agent) |
According to the Commodity Market Analysis System of Shengyishe, as of January 5th, the price of DOTP was 12210 yuan/ton, which decreased and then increased by 0.66% compared to December 29th, when the price of DOTP was 12130 yuan/ton. The price of raw material isooctanol first fell and then rose, and cost support still exists. Plasticizer enterprises have started to decline, and the price of DOTP has stabilized at a high level after the holiday.
After the holiday, the operating rate of DOTP enterprises decreased from 60% before the holiday to less than 50% after the holiday. The operating rate of plasticizer enterprises decreased, the supply of DOTP decreased, and the support for DOTP increase increased, resulting in a decrease in demand for raw materials such as isooctanol and phthalic anhydride.
After the holiday, the price of isooctanol first fell and then rose
According to the Commodity Market Analysis System of Shengyishe, as of January 5th, the price of isooctanol was 12962.50 yuan/ton, which was a decrease and then an increase of 0.10% compared to the price of isooctanol on December 29th, which was 12950 yuan/ton. This week, the operating rate of downstream plasticizers has fallen, and large plasticizer manufacturers are in urgent need of procurement. The transaction volume of isooctanol is poor, and the high price support for isooctanol is insufficient. After the holiday, the main manufacturers of isooctanol are offering discounts for sales, but the price of isooctanol has decreased. As DOTP enterprises start operating lower, the price of DOTP has increased, and the support for the rise of isooctanol has increased.
The price of phthalic anhydride continues to rise
According to the Commodity Market Analysis System of Shengyishe, as of January 5th, the quotation for phthalic anhydride was 7687.50 yuan/ton, a fluctuating increase of 0.33% compared to the quotation of 7662.50 yuan/ton on December 29th. After the holiday, phthalic anhydride continued to rise, coupled with an increase in the price of ortho benzene, the phthalic anhydride market rebounded, and the cost of DOP increased.
Future expectations
Business Society plasticizer product data analysts believe that after the holiday, the price of isooctanol first fell and then rose, while the price of phthalic anhydride continued to rise. The support for the rising cost of plasticizers still exists; The production of DOTP enterprises has decreased, the supply of plasticizers has decreased, and the price of isooctanol has stopped falling and risen. In the future, cost support for DOTP still exists, and the supply of plasticizer DOTP is decreasing with weak demand. It is expected that DOTP prices will remain strong and consolidate at a high level in the future.
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