DOTP prices fell this week

According to the data monitoring of the business agency, the DOTP price fell sharply this week, and the overall DOTP market fell. As of June 20, the price of DOTP was 11487.50 yuan / ton, down 5.26% from 12125 yuan / ton on June 1 at the beginning of the month; Compared with 12200 yuan / ton on June 12 last weekend, it fell by 5.84%. This week, the decline of raw material prices accumulated the off-season demand, the decline of DOTP cost and insufficient demand, and the DOTP market fell violently.

The price of isooctanol fell sharply this week

According to the price monitoring of the trading agency, the domestic isooctanol price fell violently this week, and the overall isooctanol market fell. As of June 20, the isooctanol price was 10733.33 yuan / ton, down 12.74% from the isooctanol price of 12300.00 yuan / ton on June 12 at the beginning of the week. This week, the price of isooctanol fell sharply, the cost of DOTP raw materials fell sharply, and the downward pressure on DOTP increased.

PTA prices fell back from high level this week

According to the price monitoring of the business club, the high PTA price fell this week, and the overall PTA market fell. As of June 20, the PTA price was 7200.00 yuan / ton, down 6.75% from 7720.73 yuan / ton on June 12 last week. The high crude oil price fell back, PTA price fell in shock this week, DOTP cost support weakened, DOTP positive momentum weakened, and downward pressure increased.

Aftermarket expectation

According to DOTP data analysts of business agency, the high crude oil price fell this week, PTA price fell in shock, the demand in the off-season was insufficient, the price of isooctanol fell sharply, the cost of DOTP fell, the upward momentum of DOTP weakened, and the downward pressure increased. In the future, the cost of DOTP raw materials fell and the demand was insufficient. The downward pressure on DOTP increased. It is expected that the price of DOTP will fluctuate and fall in the future.