Cost reduction, weak demand, DBP prices fluctuating and falling this week

The price of plasticizer DBP fluctuated and fell this week

 

Bacillus thuringiensis

According to the Commodity Market Analysis System of the Business Society, as of October 13th, the DBP price was 10087.50 yuan/ton, a decrease of 1.82% from the DBP price of 10275 yuan/ton on October 8th; Compared to the DBP price of 10250 yuan/ton on October 1st, it decreased by 1.25%. This week, the raw material n-butanol fluctuated and fell, the price of phthalic anhydride fluctuated and fell, while the price of isooctanol fluctuated and increased. Cost support weakened, downstream demand was average, and plasticizer DBP enterprises started stable operations. This week, the price of plasticizer DBP fluctuated and fell.

 

The price of n-butanol fluctuated and fell this week

 

According to the Commodity Market Analysis System of the Business Society, as of October 13th, the price of n-butanol was 8850 yuan/ton, a decrease of 2.39% compared to the price of 9066.67 yuan/ton on October 8th; The price of n-butanol decreased by 2.39% compared to 9066.67 yuan/ton on October 1st. This week, the factory price of n-butanol has fallen, and n-butanol manufacturers have accumulated inventory. After the holiday, the price of propylene has fluctuated and decreased. n-butanol enterprises have a low acceptance of high priced raw materials, and the cost of n-butanol has decreased. Downstream demand for cautious procurement has increased the pressure on n-butanol prices to decline.

 

The raw material phthalic anhydride market fluctuated and fell this week

 

Gamma-PGA (gamma polyglutamic acid)

According to the market analysis system for phthalic anhydride products of the Business Society, as of October 13th, the quotation for neighboring phthalic anhydride was 8387.50 yuan/ton, a decrease of 2.47% compared to the price of 8600 yuan/ton on October 8th. The price of Naifa phthalic anhydride has decreased, the price of ortho benzene has fluctuated and decreased, the cost of phthalic anhydride has decreased, the phthalic anhydride market is operating cautiously, terminal demand remains cold, downstream procurement enthusiasm is poor, and the price of phthalic anhydride has fluctuated and decreased. The cost support for plasticizers has weakened.

 

Future expectations

 

Business Society plasticizer product data analysts believe that this week, butanol prices fluctuated and fell, phthalic anhydride prices fluctuated and fell, DBP raw material costs decreased, and DBP downward pressure increased; PVC prices have fluctuated and fallen, with insufficient silver fineness and weak demand for plasticizers. Overall, as costs decrease and demand weakens, the downward pressure on plasticizer DBP increases, and it is expected that DBP prices will fluctuate and fall in the future.

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