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SunSirs: On November 2nd, the Domestic Market's DOTP Market Declined

November 03 2023 10:33:16     SunSirs (John)

Price trend

On November 2nd, the DOTP market in Jiangsu fell, with a quotation of 11,050 RMB/ton. The DOTP market in Shandong region fell with a quotation of 11,000 RMB/ton, while the DOTP market in Zhejiang region fell with a quotation of 11,100 RMB/ton.

Analysis review

On November 2nd, the PTA market for DOTP raw materials fluctuated and consolidated, while the prices of 2-EH fluctuated and fell. The cost of DOTP raw materials fell, while the prices of PVC stabilized. Downstream demand for procurement was just in needed, and the market transaction enthusiasm was poor. DOTP enterprise equipment construction was temporarily stable, and DOTP supply was sufficient. The upward momentum of plasticizer DOTP market still exists, and the downward pressure is increasing. The transaction price is based on real-time prices, with DOTP prices ranging from 11,000 to 11,100 RMB/ton.

Market outlook

In the future, the DOTP market will fluctuate and decline.

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