In May, DOTP prices fluctuated and rose

According to the monitoring data of the business agency, the DOTP price rose in May, and the overall DOTP market recovered. As of May 30, the price of DOTP was 12125 yuan / ton, up 1.46% from the price of DOTP of 11950 yuan / ton on May 1 at the beginning of the month. In May, the pressure on raw materials was great, the price of DOTP rose violently, and the DOTP market was strongly adjusted.

High price adjustment of isooctanol in May

According to the price monitoring of the business agency, the domestic isooctanol price was adjusted at a high level in May, and the overall isooctanol market recovered. As of May 30, the isooctanol price was 12533.33 yuan / ton, up 1.62% from 12333.33 yuan / ton on May 1 at the beginning of the month. In May, the high price of isooctanol fluctuated and adjusted, the cost pressure of DOTP remained, and the power of DOTP price rise was large.

PTA prices rose at a high level in May

According to the price monitoring of the business club, the PTA price rose in May, and the overall PTA market rose. As of May 30, the PTA price was 6860 yuan / ton, up 6.73% from the PTA price of 6427.27 yuan / ton on May 1. The crude oil price was adjusted at a high level, PTA price rose in May, DOTP cost support increased, and the downward pressure on DOTP remained due to its strong positive momentum.

Aftermarket expectation

According to DOTP data analysts of business agency, in May, crude oil prices were adjusted at a high level, PTA prices rose in shock, isooctanol prices were adjusted at a high level, DOTP costs rose, and the impetus for DOTP growth increased. In the future, the cost of DOTP raw materials is rising, and the momentum of DOTP rise is large. It is expected that the high price of DOTP will be adjusted in the future.