The price of plasticizer DBP fluctuated and rose this week
| POLYVINYL ALCOHOL |
According to the Commodity Market Analysis System of the Business Society, as of September 14th, the DBP price was 10675 yuan/ton, an increase of 3.39% compared to September 7th, when the DBP price was 10325 yuan/ton; Compared to September 1st, the DBP price increased by 1.43% to 10525 yuan/ton. The price of DBP raw material isooctanol has fluctuated and decreased, while the price of n-butanol has fluctuated and increased. The price of phthalic anhydride has fluctuated and increased, while the cost of plasticizer DBP has increased. The demand for plasticizers is cold, with high costs and low demand. The price of plasticizer DBP has fluctuated and increased.
The price of n-butanol fluctuated and rose this week
According to the Commodity Market Analysis System of the Business Society, as of September 14th, the price of n-butanol was 9966.67 yuan/ton, a fluctuating increase of 1.36% compared to the price of 9833.33 yuan/ton on September 7th. The unexpected shutdown of domestic n-butanol production equipment has led to a decrease in overall operating load, a tightening of spot supply, a fluctuating increase in n-butanol prices, and increased cost support for plasticizer DBP.
The market of raw material phthalic anhydride fluctuates and rises
According to the market analysis system for phthalic anhydride products of the Business Society, as of September 14th, the quotation for neighboring phthalic anhydride was 8737.50 yuan/ton, an increase of 0.87% compared to the price of 8662.50 yuan/ton on September 7th. The price of naphthalene phthalic anhydride has fluctuated and increased, and the prices of raw materials for phthalic anhydride have increased. The willingness of phthalic anhydride enterprises to stand up has increased, and the price of phthalic anhydride has increased. The demand for plasticizers is cold, and downstream procurement enthusiasm is poor. There is a significant resistance to high priced phthalic anhydride, and the future price of phthalic anhydride is mainly stable.
The price of isooctanol fluctuated and fell this week
According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on September 14th was 12200 yuan/ton, a decrease of 5.72% compared to the price of 12940 yuan/ton on September 7th. The domestic isooctanol plant has started operation and restarted, with sufficient supply of isooctanol. The price of raw material propylene has decreased, downstream demand is weak, and the price of isooctanol has fluctuated and fallen.
Future expectations
Analysts from Business Society’s plasticizer product data believe that in terms of cost, the prices of isooctanol have fluctuated and decreased, while the prices of n-butanol have fluctuated and increased. The market for phthalic anhydride has fluctuated and increased, and the cost support for plasticizer DBP products has increased; On the demand side, PVC demand growth is less than expected, downstream customers are cautious in buying, and demand for plasticizers is relatively cold. In terms of supply, under the dual pressure of market losses and high inventory levels, DBP manufacturers have reduced production and guaranteed prices, while Shandong Lanfan, Kaifeng Jiuhong and other devices have also reduced production operations. In the future, under the pressure of high cost and low demand, plasticizer enterprises will reduce their load and start operations, resulting in a decrease in DBP supply. Overall, the supply and demand of plasticizer DBP are weak, and high costs support the rise of DBP prices. It is expected that DBP prices will consolidate strongly in the future.
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