This week, the price of plasticizer DOTP stopped falling and rebounded

According to the Commodity Market Analysis System of Shengyishe, as of April 22, the price of DOTP was 9925 yuan/ton, an increase of 0.25% compared to the fluctuating price of 9900 yuan/ton on April 15. The price of raw material isooctanol has risen, the price of phthalic anhydride has fluctuated and risen, PTA prices have weakened and consolidated, and the cost of plasticizers has increased; Plasticizer DOTP manufacturers are operating steadily, with sufficient supply of DOTP. Downstream enterprises are undergoing maintenance, resulting in a decrease in demand for plasticizers and a decrease in demand for cost increases. As a result, DOTP prices have fluctuated and risen this week.

The price of isooctanol fluctuated and rose this week

According to the Commodity Market Analysis System of Business Society, as of April 22, the quotation for isooctanol was 9640 yuan/ton, an increase of 1.26% compared to the quotation of 9520 yuan/ton on April 15; Compared to April 1st, the price of isooctanol fluctuated and decreased by 4.17% to 10060 yuan/ton. This week, the price of isooctanol has fluctuated and risen, while the price of raw material propylene has fluctuated and risen. With cost support, the downward pressure on isooctanol has weakened, and the upward momentum has increased; Downstream customers still have purchasing enthusiasm, while iso octanol manufacturers are actively shipping. The positive support for iso octanol is significant.

The price of phthalic anhydride fluctuated and rose this week

According to the Commodity Market Analysis System of Shengyishe, as of April 22, the quotation for phthalic anhydride was 7737.50 yuan/ton, an increase of 0.16% compared to the price of 7725 yuan/ton on April 15; Compared to April 1st, the price of phthalic anhydride fluctuated and increased by 1.98% to 7587.50 yuan/ton. The price of crude oil continues to rise, the cost of phthalic anhydride has risen, the price of nefa phthalic anhydride has risen, and the support for the rise of ortho phthalic anhydride has increased. The supply and demand situation of phthalic anhydride is temporarily stable, and the price of phthalic anhydride will remain stable in the future. The cost support of phthalic anhydride for plasticizer DOTP is limited.

Downstream enterprises have less than expected maintenance

This week, the capacity utilization rate of PVC production enterprises decreased month on month, but the maintenance of enterprises did not meet expectations, and the capacity utilization rate of enterprises increased year-on-year. The maintenance is mainly concentrated in mid April, and the expected start of construction in the next week is expected to increase, with an increase in production and an increase in demand for plasticizers.

Future expectations

Business Society plasticizer product data analysts believe that in terms of cost, the price of isooctanol fluctuates and rises, the price of phthalic anhydride fluctuates and rises, and the cost of plasticizer DOTP increases; On the supply side, the production of plasticizer DOTP is at a high level, and there is an oversupply of plasticizer DOTP; In terms of demand, PVC manufacturers have seen a decrease in production, with an expected increase in production in the next week, and an expected increase in demand for plasticizer DOTP. In the future, the cost of plasticizer DOTP raw materials has risen, and demand has rebounded. It is expected that DOTP prices will fluctuate and rise in the future.