DOTP price shocks stabilized in March

According to the data monitoring of the business agency, the DOTP price fluctuated and adjusted in March, and the overall DOTP market fluctuated and stabilized. As of March 29, the price of DOTP was 12400 yuan / ton, up 3.55% from 11975 yuan / ton on March 1 at the beginning of the month. The DOTP market fluctuated and adjusted at a high level, and the DOTP price basically fell back to the level at the beginning of March at the end of the month.

The price of isooctanol fluctuated and adjusted in March

According to the price monitoring of business agency, the domestic isooctanol market fluctuated and adjusted in March, and the overall isooctanol price fluctuated and stabilized. As of March 29, the price of isooctanol was 12966.67 yuan / ton, up 4.57% from 12400 yuan / ton on March 1 at the beginning of the month. Under the influence of the conflict between Russia and Ukraine in March, the price of isooctanol rose first and then fell. Under the influence of the epidemic in late October, the price of isooctanol fluctuated slightly and the cost of DOTP fluctuated. The upward momentum of DOTP remained and the downward pressure weakened.

PTA prices fluctuated and rose

According to the price monitoring of the business agency, the PTA price fluctuated and rose in March, and the overall PTA market recovered. As of March 29, the PTA price was 6227.73 yuan / ton, up 8.74% from 5727 yuan / ton on March 1 at the beginning of the month. Affected by the conflict between Russia and Ukraine, crude oil prices were adjusted broadly and PTA prices were adjusted in shock. The price of DOTP is still rising, and the price of DOTP is still rising.

Future expectations

According to DOTP data analysts of business agency, affected by the conflict between Russia and Ukraine, the high crude oil price has been adjusted in a wide range, PTA prices have followed the rise, isooctanol prices have been adjusted in a volatile manner, and the rising cost of DOTP remains the driving force. Overall, the price of raw materials rose, the support of cost rise remained, the demand for DOTP was temporarily stable, and the price of DOTP rose. In the future, with the adjustment of raw material price shock, the cost of DOTP rises, and the price shock of DOTP is expected to stabilize in the future.