Cost support still exists, DBP prices tend to stabilize after falling after holiday

The price of plasticizer DBP stabilized after falling this week

 

Thiourea

According to the Commodity Market Analysis System of Business Society, as of January 5th, the DBP price was 9675 yuan/ton, a decrease of 0.77% from the DBP price of 9750 yuan/ton on December 29th. After the holiday, the prices of raw materials n-butanol and isooctanol first rose and then fell. DBP cost support still exists, DBP enterprise operating rates have decreased, downstream procurement enthusiasm has decreased, and DBP prices have fallen after the holiday.

 

The price of isooctanol first fell and then rose

 

According to the Commodity Market Analysis System of Shengyishe, as of January 5th, the price of isooctanol was 12962.50 yuan/ton, which was a decrease and then an increase of 0.10% compared to the price of isooctanol on December 29th, which was 12950 yuan/ton. After the holiday, the operating rate of downstream plasticizers has fallen, and large plasticizer factories have a strong demand for procurement. The transaction of isooctanol is poor, and the high price support for isooctanol is insufficient. After the holiday, the main manufacturers of isooctanol have offered discounts for sales, but the price of isooctanol has fallen. As DBP enterprises start operating lower, DBP prices have risen, and the support for the rise of isooctanol still exists.

 

The price of n-butanol first fell and then rose

 

According to the Commodity Market Analysis System of Shengyishe, as of January 5th, the price of n-butanol was 8716.67 yuan/ton, which decreased first and then increased compared to December 29th when the price of n-butanol was 8700 yuan/ton, with an increase of 0.19%. At the beginning of the week, the trading atmosphere on the n-butanol exchange was light, with limited transactions. The n-butanol market was weakly declining, and the n-butanol factory quotation was lowered. During the mid week period, some devices in the n-butanol plant were shut down for maintenance, and downstream demand for n-butanol improved. The inquiry atmosphere in the plant warmed up, and the n-butanol market began to decline before rebounding. The overall market price returned to the beginning of the week and slightly increased.

 

Future expectations

 

Business Society plasticizer product data analysts believe that in terms of raw materials: after the holiday, the prices of n-butanol and isooctanol first fell and then rose, and DBP raw material cost support still exists. In the future, n-butanol and isooctanol are expected to remain stable and strong, while plasticizer cost support still exists. DBP supply is decreasing and demand is weak. It is expected that DBP prices will remain stable and strong in the future.

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