DBP prices fluctuated and rose this week
| PVA |
According to data monitoring by the Business News Agency, as of March 23, the DBP price was 9750 yuan/ton, an increase of 3.59% compared to the DBP price of 9412.50 yuan/ton on March 1; Compared with the DBP price of 9587.50 yuan/ton on March 16, the increase was 1.69%. Plasticizer DBP enterprises started steadily, DBP supply was sufficient, and raw material prices were supported by rising prices. This week, DBP prices fluctuated and rose.
Raw material prices fluctuated and rose this week
According to the price monitoring by the Business Agency, as of March 23, the price of n-butanol was 7633.33 yuan/ton, up 4.09% from March 16, when the price of n-butanol was 7333.33 yuan/ton; The price of n-butanol increased by 8.53% compared to 7033.33 on March 1. The start of n-butanol enterprises is stable, downstream demand is temporarily stable, n-butanol prices fluctuate and rise, and DBP costs rise. In the future, the upward momentum of DBP increases, and downward pressure decreases.
According to the price monitoring by the Business Agency, as of March 23, the quotation for ortho phthalic anhydride was 8625 yuan/ton, a decrease of 0.86% compared to the price of 8700 yuan/ton on March 16; Compared to the price of 8475 yuan/ton on March 1, the increase was 2.07%. The price of o-xylene has stabilized, and the willingness to stand up for phthalic anhydride remains. This week, the high price of phthalic anhydride has dropped, and the upward momentum of DBP has weakened.
Aftermarket expectations
DBP data analysts from the Business News Agency believe that plasticizer enterprises have started operations steadily this week, and the supply of DBP is sufficient; In terms of raw materials, the high price of phthalic anhydride fell, the price of n-butanol fluctuated and increased, and the cost of DBP raw materials increased. The demand for plasticizer DBP has temporarily stabilized due to rising costs, and the price of DBP has fluctuated and increased. In the future, the high price of phthalic anhydride has fallen, the support for DBP growth has weakened, and the upward momentum of DBP has weakened. It is expected that the price of DBP will fluctuate and consolidate in the future.
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