The price of DOTP fell in July

According to the data monitoring of business agency, the price of DOTP fell violently in July. As of July 29, the price of DOTP was 9000 yuan / ton, down 8.16% from 9800 yuan / ton on July 1 at the beginning of the month; Compared with July 17, DOTP prices remained stable. In July, the DOTP market fell, and the price of DOTP rose first and then fell in late October. The DOTP market stopped falling and stabilized.

The price of isooctanol fell violently in July

According to the price monitoring of business agency, the price of isooctanol fell violently in July. As of July 29, the price of isooctanol was 8100 yuan / ton, down 8.99% from 8900 yuan / ton on July 1 at the beginning of the month; The price of isooctanol was stable compared with 8166.67 yuan / ton on July 17. In July, the price of isooctanol fell sharply. As the price fell, the price of isooctanol quickly approached the cost line. The price of isooctanol broke through the profit line, and the price of isooctanol stopped falling and adjusted. The overall isooctanol market was still weak, and the support for the future rise was insufficient, but the price of isooctanol approached the cost line, and the future decline space of isooctanol was limited.

PTA prices first fell and then rose in July

According to the price monitoring of the business agency, the PTA price fell violently in July. As of July 29, the PTA price was 6160.83 yuan / ton, down 6.78% from the PTA price of 6609.25 yuan / ton on July 1 at the beginning of the month; Compared with the PTA price of 5784.17 yuan / ton on July 19, it increased by 6.51%. As the high crude oil price fell, PTA prices fell in the first and middle of July, and crude oil prices fell into a stalemate in the second half of July. PTA enterprises stopped parking more, PTA supply decreased, PTA prices stopped falling and rose, raw material prices rose, DOTP costs rose, and DOTP rising momentum increased.

PVC prices fell in July

 
According to the price monitoring of the business agency, the PVC price fell violently in July. As of July 29, the PVC price was 6498.57 yuan / ton, down 11.57% from 7348.75 yuan / ton on July 1 at the beginning of the month. In the first and middle of July, the price of PVC fell sharply, the price of PVC rose slightly in the last ten days, the downstream PVC market picked up, the demand for DOTP picked up slightly, and the downward pressure on DOTP weakened in the future.

Aftermarket expectations

According to DOTP data analysts, PTA prices fluctuated and fell due to the decline in crude oil prices; The price of isooctanol fluctuated and fell, and the cost of DOTP fell; PTA prices have stopped falling and rose since late last decade, the price of isooctanol has fluctuated and stabilized, and the cost of DOTP has increased. In the future, the price of DOTP raw materials has limited room to fall, the cost of DOTP has increased slightly, the price of PVC has stopped falling, the demand for DOTP has warmed up, the downward pressure of DOTP has weakened, and the upward momentum still exists. It is expected that the price of DOTP will rise slightly in the future.