DBP prices fluctuated and rose this week

According to data monitoring by SunSirs, as of March 23, the DBP price was 9,750 RMB/ton, an increase of 3.59% compared to the DBP price of 9,412.50 RMB/ton on March 1; Compared with the DBP price of 9,587.50 RMB/ton on March 16, the increase was 1.69%. The operating rate of plasticizer DBP enterprises was stable, and the supply of DBP was sufficient. Supported by the rise in raw materials, DBP prices fluctuated and rose this week.

Raw material prices fluctuated and rose this week

According to the price monitoring by SunSirs, as of March 23, the price of n-butanol was 7,633.33 RMB/ton, up 4.09% from March 16, when the price of n-butanol was 7,333.33 RMB/ton; The price of n-butanol increased by 8.53% compared to the price of 7,033.33 on March 1. The operating rate of n-butanol enterprises was stable, downstream demand was temporarily stable, n-butanol prices fluctuate and rose, and DBP costs rose. In the future, the upward momentum of DBP will increase and the downward pressure will weaken.

According to the price monitoring by SunSirs, as of March 23, the quotation for OX method PA was 8,625 RMB/ton, a decrease of 0.86% compared to the price of 8,700 RMB/ton on March 16; Compared to the price of 8,475 RMB/ton on March 1, the increase was 2.07%. The price of OX had stabilized, and the willingness to stand up for PA remained. This week, the high price of PA had dropped, and the upward momentum of DBP weakened.

Market outlook

DBP data analysts from SunSirs believe that the operating rate of plasticizer enterprises was stable this week, and the supply of DBP was sufficient; In terms of raw materials, the price of PA fell from a high level, the price of n-butanol fluctuated and increased, and the cost of DBP raw materials increased. The cost of plasticizer DBP had increased, the demand had temporarily stabilized, and the price of DBP had fluctuated and increased. The high price of PA retreated, the support for DBP growth weakened, and the upward momentum for DBP weakened. It is expected that DBP prices will fluctuate and consolidate at high levels in the future.

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