DBP prices rose first and then fell this week

According to the data monitoring of SunSirs, as of February 7, the DBP price was 9,587.50 RMB/ton, down 0.90% from the DBP price of 9,675 RMB/ton on January 29; Compared with the DBP price of 9,775 RMB/ton on February 1, the drop was 1.92%. The raw material price fell and the demand remained weak. The DBP price rose first and then fell this week.

DBP raw materials prices rose first and then fell this week

According to the price monitoring of SunSirs, as of February 7, the price of PA was 8,250 RMB/ton, up 2.17% from the price of 8,075 RMB/ton on January 29. Replenishment before the Spring Festival was poor, the price of OX rose, the demand for PA was general, and the market of PA was stagnant. The downward pressure of DBP weakened and the upward momentum remained.

According to the price monitoring of SunSirs, as of February 7, the price of n-butanol was 7,833.33 RMB/ton, which was stable compared with the price of n-butanol of 7,833.33 RMB/ton on January 29, and decreased by 2.08% compared with the price of 8,000 RMB/ton on February 1. The stock replenishment after the holiday was poor, the demand for n-butanol was weak, the price of n-butanol rose first and then fell, the cost of DBP fell, and the downward pressure on DBP increased in the future.

Market outlook

According to DBP data analysts, the price of PA, the raw material, rose slightly in shock this week, while the price of n-butanol fluctuated and fell, and the cost of DBP raw material fell; Demand was weak, and the downward pressure on DBP increased. The cost of plasticizer rose, the demand was weak, and the DBP price is expected to fall in shock in the future.

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