Cost support weakened, and DBP price volatility weakened in November

The price of plasticizer DBP fell in November due to volatility

 

Thiourea

According to the data monitoring of the business community, as of November 30, the DBP price was 9650 yuan/ton, down 2.53% from 9900 yuan/ton on November 1. Raw material support weakened, demand remained weak, and DBP price was adjusted in November.

 

The price of DBP raw materials fell in shock

 

According to the price monitoring of the business community, as of November 30, the price of phthalic anhydride was 8687.50 yuan/ton, down 7.95% from the price of 9437.50 yuan/ton on November 1. The price of ortho phthalic anhydride dropped due to shocks, the operating rate of ortho phthalic anhydride increased, the supply of phthalic anhydride increased, downstream demand was weak, the price of phthalic anhydride fell, and the pressure on DBP to fall increased.

 

According to the price monitoring of the business community, as of November 30, the price of n-butanol was 7433.33 yuan/ton, up 2.29% from 7266.67 yuan/ton on November 1. The trading atmosphere of n-butanol in the market was stable, the industry remained strong, the price of n-butanol rose in shock, and the support of DBP cost rise remained.

 

The output of plastic products declined month on month

 

According to the data released by the National Bureau of Statistics, the output of plastic products in October was 6.685 million tons, and that in September was 6.92 million tons. The output of plastic products fell both month on month, the demand for plasticizers decreased, and the downward pressure on plasticizers increased.

 

Future market expectation

 

In terms of cost, analysts from DBP data of China Business Press believed that the price of raw material phthalic anhydride fell sharply, the price of n-butanol rose slightly, and the overall cost of DBP raw materials fell; In terms of demand, DBP demand remains weak. In the future, the cost support of DBP will weaken and the demand will be weak. It is expected that the price of DBP will be weak and stable in the future.

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