Positive boost DOTP prices rebounded strongly

price and profit of DOTP

After the National Day holiday, the DOTP market rebounded strongly, with prices rising sharply after falling for nearly a month. The reasons can be seen from the following aspects:

Raw material octanol spot tightening prices firm up

Since late September, the octanol price has been falling all the way, and the buying is cautious. The downstream factories just need to purchase, so the raw material octanol inventory is generally low and traders have many empty orders. Therefore, under the condition of rising factors in the market, traders and downstream factories have filled their positions one after another.

In addition, the recent rise of a variety of chemical products also boosted the mentality of the industry, octanol inventory was quickly consumed, octanol factory spot supply tightening situation, the main price operation. Therefore, today's DOTP raw material cost support is strong.

DOTP market resumption slow spot supply tight

Since the end of September, due to the influence of limited power and production, the DOTP factory has once dropped to about 3.5 percent, while the spot in the field has been in a tight state, and many factories have oversold behavior. After the October National Day holiday, although DOTP factory gradually return to work, but so far, DOTP market construction is still less than 5, so DOTP spot market tight supply situation difficult to alleviate temporarily, another DOTP factory for afternoon raw material situation is not clear, so pretty price rised, DOTP market exist some phenomenon of rotary header, booster spot prices.

Buy low actively fill positions to drive transaction atmosphere

At present, the inventory of raw material plasticizer and finished products is also at a low level in the downstream factories. Due to the demand of orders, they have high enthusiasm for DOTP spot purchase. Therefore, the DOTP market has a good transaction atmosphere, and the spot supply on the site is more tense.

The whole, although the silver ten demand recovery or not and expectations, but in the short term, DOTP spot market tight supply situation to temporarily alleviate hard, raw material and octanol firm run, DOTP market positive support, are still continued upside is expected next week, but as the price upward, downstream increasing cost pressure, buying or cautious, limited upside.