DOTP prices fell this week in the off-season demand

DOTP prices fell this week

 

PVA 1788 (PVA BP17)

According to the data monitoring of the business agency, the DOTP price fell sharply this week, and the overall DOTP market fell back. As of June 13, the price of DOTP was 12112.50 yuan / ton, down 1.22% from 12125 yuan / ton on June 1 at the beginning of the month and 12262.50 yuan / ton at the beginning of the week. This week, the pressure on raw materials was great, the cost of DOTP fell, and the DOTP market fell violently.

 

The price of isooctanol fell sharply this week

 

According to the price monitoring of the business agency, the domestic isooctanol price fell violently this week, and the overall isooctanol market fell. As of June 13, the isooctanol price was 12166.67 yuan / ton, down 3.18% from 12566.67 yuan / ton on June 6 at the beginning of the week. This week, the price of isooctanol fluctuated and fell. The cost pressure of DOTP increased, and the downward pressure of DOTP increased.

 

PTA prices rose at a high level this week

 

PVA

According to the price monitoring of the business club, the PTA price fluctuated and rose this week, and the overall PTA market rose. As of June 13, the PTA price was 7720.83 yuan / ton, up 6.73% from the PTA price of 7234 yuan / ton on June 6 at the beginning of the week. Crude oil prices rose at a high level, PTA prices rose in shock this week, DOTP cost support increased, DOTP positive momentum increased, and downward pressure remained.

 

Aftermarket expectation

 

According to DOTP data analysts of business agency, this week, crude oil prices rose at a high level, PTA prices rose in a volatile manner, isooctanol prices fell, DOTP costs fell, DOTP rising momentum weakened, and downward pressure increased. In the future, the cost of DOTP raw materials decreased, the upward momentum of DOTP weakened, and the downward pressure increased. It is expected that the price of DOTP will fluctuate and fall in the future.

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