Category Archives: Uncategorized

Weak demand, lower cost, DBP price volatility

In April, DBP prices fluctuated and fell

 

PVA 1788 (PVA BP17)

According to the data monitoring of business agency, the price of DBP fluctuated and fell in April, and the overall DBP market weakened. As of April 30, the price of DBP was 10050 yuan / ton, down 6.94% from 10800 yuan / ton on April 1 at the beginning of the month. In April, the price of DBP fell and the plasticizer Market weakened.

 

In April, the price of n-butanol fluctuated and fell

 

According to the price monitoring of business society, the price of n-butanol fell in April, and the market of n-butanol fell. On April 30, the price of n-butanol was 9166.67 yuan / ton, down 4.18% from 9566.67 yuan / ton on April 1 at the beginning of the month. In April, the price of n-butanol in Shandong fell violently, the cost of DBP decreased, and the downward pressure of DBP increased.

 

The price of phthalic anhydride continued to fall in April

 

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According to the price monitoring of business society, the market of phthalic anhydride continued to decline in April, and the price of phthalic anhydride fluctuated and fell. As of April 30, the price of phthalic anhydride was 8137.50 yuan / ton, down 6.87% from 8737.50 yuan / ton on April 1. In April, the price of phthalic anhydride continued to decline in March, the operation of downstream plasticizer manufacturers was low, the demand for phthalic anhydride was insufficient, and the price of phthalic anhydride fell. The cost of DBP raw materials decreased, the cost support of DBP weakened, and the downward pressure of DBP increased.

 

Future expectations

 

According to the DBP data analyst of business agency, the plasticizer industry chain started to operate at a low level in April, the supply and demand of plasticizer market were weak, the epidemic control was strengthened, the downstream construction continued to decline, and the demand for plasticizer decreased by nearly half. In terms of raw materials, the price of n-butanol fluctuated and fell, the price of phthalic anhydride continued to decline, the price of raw materials fell, the cost of plasticizer DBP fell, and the price of DBP fell. Generally speaking, the supply and demand of DBP industrial chain are both weak, the cost of DBP is reduced, the demand is low, the downward pressure of DBP is increased, and the price of DBP is expected to fluctuate and fall in the future. However, after May Day, the replenishment of downstream customers increased, and the DBP price may rise briefly.

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On April 28, the market price of phosphoric acid was temporarily stable

Latest price (April 28): 10680 yuan / ton

 

Key points of analysis: according to the data monitoring chart of business society, on April 28, the market price of phosphoric acid was 10680 yuan / ton, unchanged from the previous day, with a year-on-year increase of 103.43%. Near the holiday, the price of raw material yellow phosphorus was temporarily stable, the phosphoric acid Market was stable, the main orders were issued, there were few transactions before the festival, and the logistics in some areas was still limited. At present, the price of phosphoric acid is about 11500-36000 yuan / ton, and the price of phosphoric acid is about 10300-36000 yuan / ton.

 

The phosphoric acid market is expected to operate stably in the short term.

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On April 27, the market price of propane decreased significantly

According to the data monitoring of business agency, the average price of propane in Shandong market was 6588.25 yuan / ton on April 26 and 6475.75 yuan / ton on April 27, with a single day decline of 1.71%, down 3.32% compared with April 1.

 

On the 27th, the domestic propane market fell as a whole, and the propane Market in Shandong fell significantly, with a range of 50-150 yuan / ton. Although the rebound in international crude oil prices has brought a certain boost to the market, the overall supply of the market is sufficient, the terminal demand is weak, the situation is difficult to change, and the trading atmosphere of the market is limited. It is expected that the price of propane market may decline in a narrow range in the short term.

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The price of ammonium sulfate rose on April 26

Trade name: ammonium sulfate

 

Latest price: 1813 yuan / ton

 

Key points of analysis: the price of ammonium sulfate rose on April 26, up 0.55% compared with the previous trading day. Today, the market of ammonium sulfate rose slightly, the transactions on the floor were good, and some enterprises increased their prices slightly. Downstream on-demand procurement and fair delivery. The bidding price of coking grade ammonium sulfate is temporarily stable, and the internal grade ammonium sulfate fluctuates slightly. At present, there is no positive demand at home and abroad, and the trend is mainly volatile in the short term. Today, the factory quotation of Hexin grade ammonium sulfate in Shandong is 1800-1940 yuan / ton.

 

Future forecast: the price of ammonium sulfate will fluctuate in the short term.

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On April 25, the market price of isopropanol in China decreased

Trade name: isopropanol

 

Latest price: 7075 yuan / ton

 

Key points of analysis: on April 25, the focus of domestic isopropanol market was down. At present, the trading atmosphere in the market is cold, the downstream purchases on demand, and the trading atmosphere is general. Most operators maintain a wait-and-see situation, and there are few downstream inquiries. They have a strong wait-and-see mood and maintain stable operation.

 

Forecast: the isopropanol market is weak in the short term.

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