This week, the price of plasticizer DBP stopped falling and rebounded
Gamma Polyglutamic Acid |
According to the Commodity Market Analysis System of Shengyishe, as of April 22, the DBP price was 9337.50 yuan/ton, a fluctuation increase of 0.27% compared to the DBP price of 9312.50 yuan/ton on April 15; Compared to April 1st, the DBP price fluctuated and fell by 0.27% at 9362.50 yuan/ton. This week, DBP rebounded slightly, with the raw material n-butanol consolidating strongly, the price of isooctanol fluctuating and rising, and the cost of DBP rising; The decline in downstream spring maintenance work compared to the same period last year, the lower than expected decrease in demand for plasticizer DBP, and the fluctuating rise in DBP prices.
The price of n-butanol has stabilized strongly this week
According to the Commodity Market Analysis System of Business Society, as of April 22, the price of n-butanol was 7900 yuan/ton, an increase of 0.85% compared to the price of 7833.33 yuan/ton on April 15; Compared to April 1st, the price of n-butanol fluctuated and decreased by 0.63% at 7950 yuan/ton. The overall production capacity utilization rate in the n-butanol field has slightly decreased, and the overall supply pressure in the n-butanol market has been alleviated. The supply side provides support to the n-butanol market. The downstream demand for n-butanol is mainly for on-demand procurement, with some users stocking up on a small scale. The overall inquiry atmosphere on site has improved, and the demand support is limited. The support for the rise of n-butanol still exists, with strong consolidation of n-butanol prices and significant support for DBP costs.
Isooctanol prices fluctuate and rise
Gamma Polyglutamic acid food grade |
According to the Commodity Market Analysis System of Business Society, as of April 22, the quotation for isooctanol was 9640 yuan/ton, an increase of 1.26% compared to the quotation of 9520 yuan/ton on April 15; Compared to April 1st, the price of isooctanol fluctuated and decreased by 4.17% to 10060 yuan/ton. This week, the price of isooctanol has fluctuated and risen, while the price of raw material propylene has fluctuated and risen. With cost support, the downward pressure on isooctanol has weakened, and the upward momentum has increased; Downstream customers still have purchasing enthusiasm, while iso octanol manufacturers are actively shipping. The positive support for iso octanol is significant.
Downstream enterprises have less than expected maintenance
The capacity utilization rate of downstream production enterprises in DBP decreased month on month, but the maintenance of enterprises did not meet expectations, and the capacity utilization rate of enterprises increased year-on-year. The maintenance is mainly concentrated in mid April, and the expected increase in downstream construction and production in the next week is expected to lead to an increase in demand for plasticizers.
Future expectations
Business Society plasticizer product data analysts believe that in terms of cost: n-butanol is consolidating strongly, isooctanol prices are fluctuating and rising, DBP raw material costs are rising, and DBP’s upward momentum is increasing; On the supply side, plasticizer DBP manufacturers are operating steadily, and there is an oversupply of DBP; In terms of demand, downstream manufacturers will undergo spring maintenance, but the decrease in operating load is less than expected, and the demand for plasticizers is still supported. In the future, cost increases and demand increases; Expect DBP prices to fluctuate and rise in the future.
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