DOTP prices fell sharply in December

According to the data monitoring of business society, the DOTP price fell sharply in December, and the overall DOTP market fell. As of December 31, the price of DOTP was 9775 yuan / ton, down 13.78% from 11337.50 yuan / ton on December 1; Insufficient demand, DOTP prices continued to fall.

The price of isooctanol fluctuated and fell

According to the price monitoring of business agency, the price of domestic isooctanol fell sharply in December, down 12.39%. The market is cautious in purchasing high-end prices. There are few new orders in the market, mainly contract orders, deadlock in high price spot negotiations, more bearish on the floor, and downstream customers just need small orders. The transaction of isooctanol was cold, the price of isooctanol fell, the cost of plasticizer DOTP fell, and DOTP fell under great pressure.

PTA prices fluctuated and rose

According to the price monitoring of business society, PTA prices rose in December, and the rise of international crude oil prices stimulated PTA prices to follow. On the demand side, PTA is still in the off-season of the market, and the demand follow-up is insufficient. The space for PTA price rise is limited, and PTA aftermarket price consolidation is the main trend. PTA prices of raw materials rose, and the cost of DOTP rose in December, which was good for the DOTP market. It is expected to consolidate in the future, but the good for DOTP is limited.

PVC market fluctuated and fell

According to the price monitoring of the business society, the PVC price fluctuated and fell in December, and the PVC price stabilized and the decline slowed down in late October. The PVC market has entered a weak finishing pattern. PVC is weak, the spot market is general, the demand for plasticizer is insufficient, and the DOTP market is bad. With the Spring Festival approaching in January, PVC related manufacturers may have holidays in advance, the demand for DOTP has declined, and the bad market of DOTP has increased.

Future expectations

According to DOTP data analysts of business agency, PTA price of DOTP raw material rose in December, the decline of isooctanol price slowed down and stabilized, and DOTP cost has a certain positive support; On the demand side, the price of PVC fell, the demand for plasticizer remained cold, and the Spring Festival in January was approaching, the downstream customers were about to stop production on holiday, and the future demand was expected to decline. Overall, the cost of plasticizer DOTP has stabilized, the demand is expected to decline, the downward pressure of DOTP market has increased, and it is expected that the future DOTP market will be dominated by weak operation.