Cost reduced, DBP prices fluctuate and fall this week

The price of plasticizer DBP fluctuated and fell this week

 

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According to the Commodity Market Analysis System of the Business Society, as of September 21, the DBP price was 10425 yuan/ton, a decrease of 2.34% compared to the DBP price of 10675 yuan/ton on September 14. The price of DBP raw material isooctanol fluctuated and fell, while the price of n-butanol first rose and then fell. The cost of plasticizer DBP raw material decreased, and the price of plasticizer DBP fluctuated and fell.

 

The price of n-butanol rose first and then fell this week

 

According to the Commodity Market Analysis System of the Business Society, as of September 21, the price of n-butanol was 9766.67 yuan/ton, which increased and then decreased by 2.01% compared to the price of n-butanol on September 14, which was 9966.67 yuan/ton. Plasticizer enterprises are operating at a low level, and the trading atmosphere in the n-butanol market this week is light. The mentality of n-butanol operators is average, and downstream demand is cautious in purchasing according to quantity. The cost support for plasticizer DBP is weakened.

 

The market for raw material phthalic anhydride rose first and then fell

 

According to the market analysis system for phthalic anhydride products of the Business Society, as of September 21, the quotation for neighboring phthalic anhydride was 8812.50 yuan/ton, an increase of 0.86% compared to the price of 8737.50 yuan/ton on September 14; The price of phthalic anhydride decreased by 0.42% compared to 8850 yuan/ton on September 20th. The price of ortho xylene has fluctuated and increased, and the willingness of phthalic anhydride enterprises to stand up has increased. The price of phthalic anhydride has increased, and some phthalic anhydride enterprises have restarted. The supply of phthalic anhydride has increased, and the price of phthalic anhydride has decreased; The demand for plasticizers is cold, and downstream procurement enthusiasm is poor. There is a significant resistance to high priced phthalic anhydride, and this week, phthalic anhydride has stopped rising and falling.

 

Gamma-PGA (gamma polyglutamic acid)

The price of isooctanol has stopped falling and stabilized this week

 

According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on September 21 was 11720 yuan/ton, a decrease of 3.93% compared to the price of isooctanol on September 14, which was 12200 yuan/ton. The domestic isooctanol plant has started operating and restarted, resulting in an oversupply of isooctanol and a fluctuating decline in isooctanol prices; This week, the price of propylene fluctuated and increased. Under cost pressure, the space for reducing the price of isooctanol is limited, and the price of isooctanol has stabilized.

 

Future expectations

 

Analysts from Business Society’s plasticizer product data believe that the price of isooctanol has stabilized, while the price of n-butanol has first increased and then decreased. The market for phthalic anhydride has stopped rising and fallen, and the cost support for plasticizer DBP has weakened. In the future, there is insufficient demand support for cost reduction, and there is significant downward pressure on DBP prices. It is expected that DBP prices will be weak and consolidate in the future.

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