DOTP prices fell sharply this week

According to the data monitoring of business agency, the price of DOTP fell this week, and the market of DOTP fell. As of July 11, the price of DOTP was 9287.50 yuan / ton, down 5.23% from 9800 yuan / ton on July 1 at the beginning of the month. The price of DOTP fell sharply this week, setting a new low for the year.

The price of isooctanol fell sharply this week

According to the price monitoring of business agency, the price of isooctanol fell sharply this week, and the market of isooctanol fell. As of July 11, the price of isooctanol was 8333.33 yuan / ton, down 6.37% from 8900 yuan / ton on July 1 at the beginning of the month. This week, the price of isooctanol fell sharply, the cost of DOTP fell, and the downward pressure on the DOTP market increased.

PTA price fluctuation adjustment this week

According to the price monitoring of business agency, PTA price fluctuated and adjusted this week, and the high crude oil price fluctuated and adjusted. PTA market fluctuated and warmed up. As of July 11, PTA price was 6685 yuan / ton, up 1.15% from the PTA price of 6609.25 yuan / ton on July 1 at the beginning of the month. The high crude oil price fluctuated and adjusted, the PTA price fluctuated and warmed up, the cost pressure of DOTP weakened, and the positive momentum of DOTP remained under great downward pressure.

Aftermarket expectations

According to DOTP data analysts of business agency, the high crude oil price was adjusted by shock this week, PTA prices recovered by a slight shock, isooctanol prices fell sharply in the off-season demand, DOTP costs fell, and the upward momentum of DOTP remained under increasing downward pressure. In the future, the decline in the cost of DOTP raw materials accumulated in the off-season of the market, and the downward pressure on DOTP increased. It is expected that the price of DOTP will fluctuate and fall in the future.