Plasticizer DBP price consolidation this week
| PVA |
According to the data monitoring of the business community, as of December 26, the DBP price was 9800 yuan/ton, up 1.38% from 9666.67 yuan/ton on December 18. The rising demand of raw material prices was less than expected, and the DBP prices rose in shock this week.
Adjustment of DBP raw material price fluctuation
According to the price monitoring of the business community, as of December 26, the price of phthalic anhydride was 8150 yuan/ton, down 0.31% from the price of 8175 yuan/ton on December 18. The price of ortho benzene fell, the cost of phthalic anhydride was adjusted weakly, the price of phthalic anhydride fell in shock, and the downward pressure on DBP remained.
According to the price monitoring of the business community, as of December 26, the price of n-butanol was 8566.67 yuan/ton, up 1.98% from 8400 yuan/ton on December 18. There is still a willingness to support the price of n-butanol in the market. The price of n-butanol rises in shock and the cost of DBP rises.
Future market expectation
Analysts of DBP data from the business association believed that the price of raw material phthalic anhydride fell slightly, the price of n-butanol rose, and the cost of DBP raw materials rose. In the future, the demand for DBP cost rise is less than expected, and the expected future DBP price volatility is stabilizing.
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