DOTP prices stabilized after rising this week
| povidone Iodine |
According to the data monitoring of business agency, the DOTP price stabilized after rising this week, and the overall DOTP market rose. As of March 11, the price of DOTP was 13000 yuan / ton, up 3.59% from 12550 yuan / ton on March 4 last weekend, and up 8.56% from 11975 yuan / ton on March 1 at the beginning of the month. The DOTP market rose overall this week. The price stabilized on March 11, and the prices of some manufacturers fell slightly.
The price of isooctanol fluctuated and rose this week
According to the price monitoring of business agency, the price of domestic isooctanol fluctuated and rose this week. As of March 11, the price of isooctanol was 13633.33 yuan / ton, up 5.14% from 12966.67 yuan / ton on March 4. Since the release of the mitigation signal of the conflict between Russia and Ukraine on March 9, the rise in the price of isooctanol has slowed down. This week, the price of isooctanol fluctuated and rose, the cost of DOTP rose, and the rising power of DOTP was large. As the rise of isooctanol slowed down, the support for the rise of DOTP in the future weakened.
PTA prices fluctuated and fell
| Azodicarbonamide (AC foaming Agent) |
According to the price monitoring of the business agency, PTA prices rose first and then fell this week. The overall PTA price fell slightly, and PTA prices fell by 0.37% this week. The conflict between Russia and Ukraine intensified, the price of crude oil rose sharply, and the price of PTA rose with it; On March 9, the conflict between Russia and Ukraine was expected to ease, and the information was released. The price of crude oil plummeted, and the price of PTA plummeted on March 10. PTA prices fell, DOTP costs fell, and DOTP bad news increased and good news weakened.
Future expectations
According to DOTP data analysts of business agency, the conflict between Russia and Ukraine has intensified, the price of crude oil has soared, the prices of DOTP raw materials isooctanol and PTA have risen, and the price of DOTP has risen; As the conflict between Russia and Ukraine is expected to ease, crude oil prices have fallen sharply, PTA prices have fallen, the rise of isooctanol has slowed down, the cost has decreased, and the support of DOTP rise has weakened. Generally speaking, the support for the rise of raw materials is weakened, the DOTP demand is temporarily stable, and the future DOTP price is expected to stabilize.
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