SunSirs: In December, DOTP Prices Fell in Shock
January 03 2023 11:55:17 SunSirs (John)
DOTP prices fluctuated and consolidated in December
According to the data monitoring of SunSirs, as of December 30, the average price of DOTP was 9,800 RMB/ton, down 0.76% from the average price of 9,875 RMB/ton on December 1. Cost was consolidated, demand was weak and DOTP price was weakly consolidated.
Prices of raw materials were consolidated in December
According to the data monitoring of SunSirs, as of December 30, the price of 2-EH was 9,833.33 RMB/ton, up 5.42% from 9,233.33 RMB/ton on December 1. The effect of easing epidemic prevention and control was less than expected, the price of 2-EH rose in shock, the cost of DOTP was adjusted in shock, and the momentum for DOTP to rise remained.
According to the data monitoring of SunSirs, as of December 30, the PTA price was 5,616.36 RMB/ton, down first and then up from the price of 5,553.33 RMB/ton on December 1, up 1.13%. The international crude oil price fell first and then rose, the confidence of downstream textile enterprises recovered, downstream orders increased, the market periodically replenished, PTA demand recovered, PTA prices rose in shock, and DOTP gained momentum.
Market outlook
According to DOTP data analysts of SunSirs, in December, the plasticizer DOTP raw material 2-EH was adjusted by shocks, PTA prices rose by shocks, and the cost of plasticizer DOTP raw material rose by shocks; For the downstream, the epidemic prevention and control measures continued to advance, the recovery of downstream enterprises accelerated, and the demand for DOTP warmed up. The cost of DOTP rose, and the demand recovered. It is expected that DOTP will rise in shock in the future.
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