The price of plasticizer DBP rose first and then fell this week

According to the Commodity Market Analysis System of the Business Society, as of November 10th, the DBP price was 9537.50 yuan/ton, an increase of 0.39% compared to the DBP price of 9500 yuan/ton on November 1st; The DBP price increased by 0.53% compared to 9487.50 yuan/ton on November 3rd. The raw material n-butanol rebounded and rose, while the price of phthalic anhydride fluctuated and fell. The cost was mixed, and downstream demand remained weak. This week, the price of plasticizer DBP rose first and then fell.

The price of n-butanol rebounded and rose in November

According to the Commodity Market Analysis System of the Business Society, as of November 10th, the price of n-butanol was 7700 yuan/ton, an increase of 3.12% compared to the price of 7466.67 yuan/ton on November 1st. In November, the n-butanol market experienced a slight rebound after a trough period. Downstream users’ small-scale stocking gave confidence to the n-butanol market. Subsequently, the overall n-butanol market continued to steadily decline, with some regions experiencing maintenance of n-butanol units and a decrease in n-butanol supply. In addition, the n-butanol market is currently operating at a relatively low level, with downstream markets seeking bargains to replenish goods and the demand side experiencing staged stocking. In November, n-butanol prices fluctuated and rose.

The market for raw material phthalic anhydride continued to decline in November

According to the market analysis system for phthalic anhydride products of the Business Society, as of November 10th, the quotation for neighboring phthalic anhydride was 7525 yuan/ton, a decrease of 3.53% compared to the price of 7800 yuan/ton on November 1st. The operation of domestic phthalic anhydride plants is stable, with a domestic phthalic anhydride operating rate of about 60%. The supply of phthalic anhydride goods is sufficient, and the production of naphthalene phthalic anhydride goods is normal. The price of naphthalene phthalic anhydride has increased, impacting the neighboring phthalic anhydride market. Downstream procurement enthusiasm is poor, and some phthalic anhydride manufacturers have reduced prices to promote sales, resulting in a continuous decline in the phthalic anhydride market.

Future expectations

Analysts from Business Society’s plasticizer product data believe that in terms of raw materials, the prices of n-butanol fluctuate and rise, while the prices of phthalic anhydride continue to decline, and the cost of DBP raw materials is mixed; In terms of demand, the plastic market is weak and the demand for plasticizer DBP is weak. Overall, raw materials are mixed, with insufficient cost support for plasticizers. It is expected that DBP prices will fluctuate and consolidate in the future