DOTP prices fell sharply this week

According to the data monitoring of business agency, the price of DOTP fell this week, and the decline of DOTP market remained the same. As of July 18, the price of DOTP was 9012.50 yuan / ton, down 6.85% from 9675 yuan / ton on July 10 last weekend. On the 18th, the DOTP price rebounded slightly compared with the previous trading day, and the cost of raw materials wanted to rise, so the DOTP price stopped falling and adjusted.

Isooctanol prices stopped falling and rebounded this week

According to the price monitoring of business agency, the price of isooctanol rebounded after falling this week, and the isooctanol market stopped falling. As of July 18, the price of isooctanol was 8166.67 yuan / ton, down 5.77% from 8666.67 yuan / ton on July 10 last weekend. The price of isooctanol broke through the profit line, the price of isooctanol stopped falling and rebounded, the cost of DOTP wanted to rise, the downward pressure of DOTP market weakened, and the upward momentum increased.

PTA prices fluctuated and fell this week

According to the price monitoring of the business agency, affected by the decline in crude oil prices, PTA prices fluctuated and fell this week, and PTA prices fell. As of July 18, PTA prices were 5952.50 yuan / ton, down 10.49% from 6650 yuan / ton on July 10 last weekend. The high crude oil price fell, PTA prices fell, DOTP costs fell, and the positive momentum of DOTP weakened, with great downward pressure.

Aftermarket expectations

DOTP data analysts believe that PTA prices fell sharply due to the decline in crude oil prices; The price of isooctanol broke through the profit line, the price of isooctanol stopped falling and rebounded, the cost of DOTP stabilized, and the price of DOTP stopped falling and stabilized. In the future, the cost of DOTP raw materials tends to stabilize and the cumulative demand is low. The downward pressure of DOTP is still there, and the upward momentum is increasing. It is expected that the price of DOTP will stop falling and stabilize in the future.