Weak consolidation of plasticizer DOTP prices in April

According to the Commodity Market Analysis System of Shengyishe, as of April 16th, the price of DOTP was 9875 yuan/ton, a fluctuation decrease of 2.35% compared to the price of 10112.50 yuan/ton on April 1st. The price of raw material isooctanol has fallen, the price of phthalic anhydride has fluctuated and risen, PTA prices have fluctuated and consolidated, and the cost support for plasticizers still exists; The production of plasticizer DOTP manufacturers is stable, with sufficient supply of DOTP. Downstream PVC manufacturers are slow to restock, and plasticizers are in urgent need of procurement. The demand for plasticizers is limited, and the price of DOTP fluctuated and stabilized in April.

After the price of isooctanol fell in April, it stabilized

According to the Commodity Market Analysis System of Shengyishe, as of April 16th, the price of isooctanol was 9620 yuan/ton, a fluctuating decrease of 4.37% compared to the price of 10060 yuan/ton on April 1st. After a sharp drop in the price of isooctanol in April, it stabilized at a low level. The price of propylene, the raw material of isooctanol, fluctuated and rose, supporting costs. The downward pressure on isooctanol weakened; Downstream customers are becoming more proactive in purchasing, and in the future, iso octanol manufacturers are actively shipping. The positive support for iso octanol is increasing.

The price of phthalic anhydride fluctuates and rises

According to the Commodity Market Analysis System of Shengyishe, as of April 16th, the quotation for phthalic anhydride was 7737.50 yuan/ton, an increase of 1.98% from the price of 7587.50 yuan/ton on April 1st. The price of crude oil continues to rise, the cost of phthalic anhydride has risen, the price of nefa phthalic anhydride has risen, and the support for the rise of ortho phthalic anhydride has increased. The profit loss of phthalic anhydride is relatively large, and phthalic anhydride manufacturers have a greater willingness to increase, which will increase the driving force for the future price increase of phthalic anhydride. The cost support for plasticizer DOTP is limited.

PTA prices fluctuate and consolidate

According to the Commodity Market Analysis System of Shengyishe, as of April 16th, the PTA quotation was 5964 yuan/ton, a fluctuation decrease of 0.50% compared to the PTA price of 5994 yuan/ton on April 1st. In April, there was an increase in maintenance for PTA enterprises, but in the 24th year, new PTA production capacity was added and put into operation. The oversupply of PTA intensified, and downstream textile enterprises started at a high level, with limited room for improvement in production. The peak season in May came to an end, and downstream production may slightly decline. Polyester production factories accumulated inventory, and the willingness of polyester factories to receive goods was not good. The support for the increase in PTA demand was limited.

Future expectations

Business Society plasticizer product data analysts believe that in terms of cost, the price of isooctanol has stopped falling and stabilized, the price of phthalic anhydride has fluctuated and risen, and the cost support for plasticizer DOTP still exists; On the supply side, the production of plasticizer DOTP is at a high level, and there is an oversupply of plasticizer DOTP; In terms of demand, PVC manufacturers are slow to restock, and there is still support for the demand for plasticizer DOTP. In the future, the cost of plasticizer DOTP raw materials has stopped falling and increased, and the supply of DOTP is strong and the demand is weak. It is expected that the price of DOTP will consolidate at a low level in the future.