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SunSirs: Cost Reduced, Plasticizer DBP Fluctuated and Fell This Week
June 05 2023 10:44:52SunSirs(John)

The price of plasticizer DBP fluctuated and fell this week

According to the Commodity Market Analysis System of SunSirs, as of June 2, the DBP price was 8,826.25 RMB/ton, a decrease of 4.84% compared to the price of 9,275 RMB/ton on May 26. The prices of raw materials had fluctuated and fallen, the cost of plasticizers haddecreased, and the price of plasticizer DBP had fluctuated and fallen.

The price of 2-EH fluctuated and fell this week

According to the Commodity Market Analysis System of SunSirs, the price of 2-EH was 9,080 RMB/ton on June 2, a decrease of 6.30% compared to 9,690 RMB/ton on May 26. This week, the price of 2-EH fluctuated significantly, resulting in weak market transaction performance. The pressure on the cost of plasticizer products to decrease had increased, and the price of plasticizer DBP had fluctuated and fallen.

The price of n-butanol fluctuated and fell this week

According to the Commodity Market Analysis System of SunSirs, as of June 2, the price of n-butanol was 7,166.67 RMB/ton, a decrease of 7.33% compared to the price of n-butanol on May 26, which was 7,733.33 RMB/ton. This week, the price of n-butanol had significantly decreased, and the n-butanol settings had resumed operation. The supply of n-butanol was sufficient, and the demand was weak. Overall, the pressure on the cost of plasticizers to decline had increased. In the future, the price of plasticizer DBP will fluctuate and fell.

The price of PA fluctuated and fell this week

According to the Commodity Market Analysis System of SunSirs, as of June 2nd, the quotation for PA produced by OX method was 7,800 RMB/ton, a decrease of 2.19% compared to the price of 7,975 RMB/ton on May 26th. The equipment of the PA enterprise operated smoothly, with sufficient supply of PA. The demand for downstream on-demand procurement of PA was poor, and the price of PA had fluctuated and fallen this week. The cost of raw materials haddecreased, and the pressure on the cost of plasticizers had increased.

Market outlook

Analysts from SunSirs's plasticizer product data believe that the prices of 2-EH and n-butanol had significantly decreased this week, while the prices of PA had fluctuated and fallen, resulting in a significant decrease in the cost of plasticizer DBP products. Overall, the supply of 2-EH and n-butanol had resumed, the cost of plasticizer raw materials had decreased, and the demand for plasticizers was weak. It is expected that the price of plasticizer DBP will fluctuate and fall in the future.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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