Cost reduced, DBP prices fluctuate and fall this week

The price of plasticizer DBP fluctuated and fell this week

 

PVA

According to the Commodity Market Analysis System of the Business Society, as of October 23, the DBP price was 9625 yuan/ton, a decrease of 4.58% from the DBP price of 10087.50 yuan/ton on October 15. The raw material n-butanol has significantly decreased, the price of phthalic anhydride has fluctuated and decreased, cost support has decreased, downstream demand is weak, and plasticizer DBP enterprises have started stable operations. This week, the price of plasticizer DBP has fluctuated and decreased.

 

The price of n-butanol has dropped significantly this week

 

According to the Commodity Market Analysis System of Business Society, as of October 23, the price of n-butanol was 7900 yuan/ton, a decrease of 10.57% compared to the price of n-butanol on October 15, which was 8833.33 yuan/ton. This week, the factory price of n-butanol has significantly decreased, and n-butanol manufacturers have accumulated inventory. Propylene prices have fluctuated and fallen, and the cost of n-butanol has decreased. Downstream demand for n-butanol is cautious in procurement, and the pressure on the price of n-butanol has increased.

 

PVA 1788 (PVA BP17)

The raw material phthalic anhydride market fluctuated and fell this week

 

According to the market analysis system for phthalic anhydride products of the Business Society, as of October 23, the quotation for neighboring phthalic anhydride was 8187.50 yuan/ton, which was a fluctuating decrease of 2.38% compared to the price of 8387.50 yuan/ton on October 15. The operation of domestic phthalic anhydride plants is stable, the supply of phthalic anhydride is stable, and the downstream procurement situation is average. The phthalic anhydride manufacturers have accumulated inventory, but the price of Naifa phthalic anhydride has weakened, the price of ortho benzene has decreased, the cost of phthalic anhydride has decreased, and the price of phthalic anhydride has fluctuated and decreased. The cost support for plasticizers has weakened.

 

Future expectations

 

Business Society plasticizer product data analysts believe that the price of n-butanol has significantly decreased, the price of phthalic anhydride has fluctuated and fallen, the cost of DBP raw materials has decreased, and the downward pressure on DBP has increased; Insufficient silver fineness and weak demand for plasticizers. Overall, as costs decrease and demand weakens, the downward pressure on plasticizer DBP increases, and it is expected that DBP prices will fluctuate and fall in the future.

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