Plasticizer DBP price fluctuated and consolidated in January

According to the Commodity Market Analysis System of SunSirs, as of February 4th, the DBP price was 9,775 RMB/ton, which was temporarily stable compared to the DBP price of 9,775 RMB/ton on January 31st; The DBP price fluctuated and increased by 0.26% compared to January 1st at 9,750 RMB/ton. In January, the raw material n-butanol was consolidating at a high level, while the price of 2-EH fluctuated and fell. DBP cost support still existed, coupled with stable operating rates of DBP enterprises and average downstream procurement enthusiasm, DBP prices were consolidating at a high level.

2-EH prices fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of February 4th, the price of 2-EH was 12,350 RMB/ton, which remained stable compared to the 2-EH price of 12,350 RMB/ton on January 31st, and fluctuated and fell by 4.63% compared to the 2-EH price of 12,925 RMB/ton on January 1st. At the beginning of the month, the production of 2-EH resumed, and with pre holiday stocking, the price of 2-EH stabilized at a high level in the first and second half of the month. With the end of stocking before the Spring Festival, and with 2-EH manufacturers offering discounts for shipments, the price of 2-EH fluctuated and fell, with insufficient cost support and insufficient support for DBP price increases.

The n-butanol prices consolidated at high levels

According to the Commodity Market Analysis System of SunSirs, as of February 4th, the price of n-butanol was 8,766.67 RMB/ton, a decrease of 0.57% compared to January 31st, when the price of n-butanol was 8,816.67 RMB/ton; Compared to January 1st, the price of n-butanol increased by 0.77% to 8,700 RMB/ton. Part of the facilities had resumed production, and downstream enterprises we re stocking up. As the Spring Festival approached, the production of n-butanol enterprises had decreased. In addition, the pre holiday demand had declined, and the price of n-butanol had stabilized at a high level in January; DBP cost support still existed.

Market outlook

SunSirs plasticizer product data analysts believe that in terms of raw materials, n-butanol remained stable at a high level in January, while 2-EH prices fluctuated and fell. DBP raw material cost support still existed, and DBP prices remained stable at a high level in January. In the future, cost support still exists, with a decrease in the production of plasticizer DBP, a decline in demand, weak supply and demand, and cost support. It is expected that DBP prices will consolidate strongly in the future.

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