SunSirs: Demand Was Poor, Costs Was Falling, DBP Prices Dropped This Week
June 21 2022 14:17:48 SunSirs (John)DBP price fluctuated and fell this week
According to the data monitoring of SunSirs, DBP prices fluctuated and fell this week, and the overall DBP market fell. As of June 20, the price of DBP was 10,166.67 RMB/ton, down 2.09% from the price of 10,383.33 RMB/ton on June 12 last week. The cost of raw materials for DBP fell this week, and the market for plasticizers fell.
The price of n-butanol fluctuated and fell this week
According to the price monitoring of SunSirs, the price of n-butanol fell from a high level this week, and the n-butanol market fell. On June 20, the price of n-butanol was 9,633.33 RMB/ton, which was a decrease of 2.03% from 9,833.33 RMB/ton on June 12 last week. This week, the enthusiasm for n-butanol transactions declined, the price of n-butanol in Shandong region fluctuated downward slightly, the cost of DBP fell, the rising momentum of DBP was weakened, and the downward pressure was great.
PA prices stopped rising and stabilized this week
According to the price monitoring of SunSirs, the price of PA stopped rising and stabilized this week. As of June 19, the price of PA was 8,675 RMB/ton, an increase of 2.06% from the price of PA last week, which was 8,500 RMB/ton on June 12. The price of OX rose sharply this week, and the market for PA rose, but the demand for PA was not good, and the market for PA stabilized after the rise; DBP raw material costs stabilized, and DBP cost support weakened.
Market outlook
The DBP data analyst of SunSirs believes that in terms of raw materials, the price of n-butanol fluctuated and fell this week, the price of PA stabilized after rising, and the overall cost of plasticizer DBP dropped slightly. In the future, the demand for DBP will recover slowly, the price of DBP raw materials will fluctuate and fall, the cost of DBP will drop, and the pressure on DBP will be greater, and the upward momentum will weaken.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
