DOTP prices fluctuated and rose this week
| gamma polyglutamic acid agriculture grade |
According to the data monitoring of business agency, the price of DOTP fluctuated and rose this week, and the overall DOTP market rose. The price of DOTP rose by 12550 yuan / ton at the end of last month, up from 12550 yuan / ton at the end of last month. DOTP market rose sharply.
The price of isooctanol fluctuated and rose this week
According to the price monitoring of the business agency, the domestic isooctanol price fluctuated and rose this week, the crude oil price rose sharply this week, the chemical sector followed, and the isooctanol price fluctuated and rose. As of March 4, the price of isooctanol was 12966.67 yuan / ton, up 5.42% from 12300 yuan / ton on February 25 last weekend. The price of isooctanol rises sharply, the cost of DOTP rises, and the rising power of DOTP is large.
PTA prices stopped falling and rebounded
| Gamma Polyglutamic Acid |
According to the price monitoring of business society, PTA prices stopped falling and rebounded this week, and PTA prices rose sharply. PTA prices rose by 6.80% this week. Conflicts broke out between Russia and Ukraine, crude oil prices rose sharply, and PTA prices rose. The conflict between Russia and Ukraine has impacted the global energy market, stimulated the soaring price of crude oil, jointly reduced the burden and pressure of domestic PTA manufacturers, gradually warmed up the downstream polyester market and terminal loom industry, and the demand side has improved. It is expected that the PTA market will rise in the future, the cost of DOTP will rise, and there will be more negative and positive DOTP.
PVC market fluctuated and rose this week
According to the price monitoring of business society, the price of PVC fluctuated and rose this week, and the PVC market rose. As of March 4, the price of PVC was 8750 yuan / ton, up 290 yuan / ton or 3.43% from 8460 yuan / ton on February 25 last weekend. The price of PVC rose this week, and the rigid demand for PVC increased; DOTP market is more favorable.
Future expectations
DOTP data analysts believe that with the intensification of the conflict between Russia and Ukraine and the sharp rise in crude oil prices, the prices of DOTP raw materials isooctanol and PTA rose this week; Raw material prices rose and downstream demand picked up. In the future, the upward momentum of DOTP increases and the downward pressure decreases. It is expected that the price of DOTP will rise strongly in the future.
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