The price of plasticizer DOTP fluctuated and rose in July
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According to the Commodity Market Analysis System of the Business Society, as of July 31, the price of DOTP was 10540 yuan/ton, an increase of 8.10% compared to the price of 9750 yuan/ton on July 1. In July, the prices of raw materials such as isooctanol and PTA increased, resulting in higher costs. The downstream PVC market supported the increase, and the demand for plasticizers rebounded. In July, the price of plasticizer DOTP fluctuated and increased.
The price of isooctanol fluctuated and rose in July
According to the Commodity Market Analysis System of Business Society, the price of isooctanol was 9983.33 yuan/ton on July 31, an increase of 6.77% compared to 9350 yuan/ton on July 1. The inventory of isooctanol is low, and the market center has shifted upwards. In July, the price of isooctanol fluctuated and increased, resulting in an increase in raw material costs and a surge in the price of plasticizer DOTP.
PTA prices fluctuated and rose in July
According to the Commodity Market Analysis System of the Business Society, the PTA price on July 31st was 6010.91 yuan/ton, an increase of 7.34% compared to the PTA price of 5600 yuan/ton on July 1st. Crude oil prices fluctuate and rise, PTA costs rise, PTA prices fluctuate and rise in July, PTA new production falls, PTA supply increases, PTA growth slows down, plasticizer DOTP raw material costs rise in July, but the rise slows down, plasticizer DOTP prices fluctuate and rise.
PVC prices fluctuated and rose in July
According to the PVC product market analysis system of the Business Society, as of July 31, the PVC quotation was 5796.67 yuan/ton, an increase of 5.30% compared to the PVC price of 5505 yuan/ton on July 1. In July, PVC prices fluctuated and increased, while crude oil prices fluctuated and increased. PVC costs and prices also increased; The delay of two policies in the “16 Financial Regulations” will help promote the completion and delivery of real estate projects, increase the expected demand for PVC, increase the upward momentum of PVC, rebound downstream demand, and increase the upward momentum of plasticizer demand.
Future expectations
Analysts from Business Society’s plasticizer product data believe that the price of crude oil has risen, and the prices of isooctanol and PTA have continued to rise in July. The cost of plasticizer product DOTP has increased, and downstream PVC demand has been supported greatly. The demand for plasticizers has rebounded, and the upward momentum of plasticizer product DOTP prices has increased. In the future, with rising costs and a rebound in demand, it is expected that the price of plasticizer DOTP will fluctuate and rise in the future.
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