Weak consolidation of post holiday plasticizer DOTP
According to the Commodity Market Analysis System of Shengyishe, as of February 19th, the price of DOTP was 11912.50 yuan/ton, a decrease of 0.10% compared to the price of DOTP on February 9th before the holiday, which was 11925 yuan/ton; Compared to January 31st, the price of DOTP decreased by 0.21% at 11937.50 yuan/ton. The price of raw material isooctanol has increased, costs have risen, plasticizer manufacturers have resumed production after the holiday, DOTP supply has increased, and DOTP prices have fluctuated and fallen after the holiday.
Post holiday price increase of isooctanol
According to the Commodity Market Analysis System of Shengyishe, as of February 19th, the quotation for isooctanol was 12450 yuan/ton, a fluctuating increase of 0.81% compared to the quotation for isooctanol on February 9th before the holiday, which was 12350 yuan/ton; Compared to February 1st at the beginning of the month, the price of 12375 yuan/ton increased by 0.61%. During the Spring Festival, the operating load of isooctanol enterprises decreased, but there was some recovery after the holiday. In addition, downstream customers restocked, and the demand for isooctanol slowly rebounded. During the Spring Festival, the price of isooctanol remained high, and after the holiday, the price of isooctanol slightly increased.
Business Society plasticizer product data analysts believe that during the Spring Festival, plasticizer manufacturers have seen a decrease in production, but after the holiday, plasticizer production has resumed, and the supply of plasticizers has increased. In addition, the price of isooctanol has risen, leading to an increase in the cost of plasticizer DOTP. In the future, as the cost of plasticizers increases and the supply increases, there is still limited support for the rise of DOTP and downward pressure. It is expected that DOTP prices will remain weak and consolidate in the future.