After the festival, DBP prices rose in shock
| gamma polyglutamic acid agriculture grade |
According to the data monitoring of the business community, after the festival, DBP changed from a weak trend, and DBP prices rose sharply. As of October 14, the DBP price was 10066.67 yuan/ton, up 5.96% from 9500 yuan/ton on October 1 at the beginning of the month. After the festival, the price of raw materials rose sharply, and the accumulated post festival replenishment was more, and the DBP price rose sharply.
The price of raw material phthalic anhydride rose sharply after the festival
According to the price monitoring of the business community, the price of phthalic anhydride was 10637.50 yuan/ton as of October 14, up 3.28% from 10300 yuan/ton on October 1 at the beginning of the month. After the festival, phthalic anhydride enterprises had a lot of maintenance. The price of ortho benzene rose sharply. The supply of phthalic anhydride was tight, and the cost was supported. After the festival, there was a lot of replenishment. The price of phthalic anhydride hit a new high again. The cost of DBP raw materials rose, and the momentum for the rise of DBP in the future market increased.
The price of n-butanol, a raw material, fell after a sharp rise
| Gamma Polyglutamic Acid |
According to the price monitoring of the business community, after the National Day, the price of n-butanol rose sharply and then fell slightly, and the overall n-butanol market rose sharply. As of October 14, the price of n-butanol was 7500 yuan/ton, up 12.50% from 6666.67 yuan/ton on October 1 at the beginning of the month. After the festival, the n-butanol manufacturer stopped production due to equipment maintenance, and the enterprise’s inventory was low. Downstream customers made more replenishment after the festival. The multiple advantages stimulated the price of n-butanol to soar. With the end of replenishment, the support for the rise of n-butanol weakened, and the price of n-butanol fell slightly. In general, the price of n-butanol rose sharply, the cost of DBP rose, and the momentum for DBP to rise was strong.
Future market expectation
According to DBP data analysts of the Business Club, due to the impact of holiday replenishment and factory maintenance, the prices of phthalic anhydride and n-butanol rose sharply after the festival, the prices of raw materials rose, the cost of plasticizer DBP rose, and the DBP price rose significantly. In the future, the price of phthalic anhydride will become stable, the price of n-butanol will fall back from its high level, the cost of plasticizer DBP will fall, and the rising support of DBP will weaken the downward pressure. It is expected that the price of DBP in the future will be weak and fluctuated.
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