DBP prices fluctuated and rose after the holiday
According to the Commodity Market Analysis System of SunSirs, as of October 8th, the DBP price was 10,275 RMB/ton, an increase of 0.24% compared to the DBP price of 10,250 RMB/ton on October 1st. After the holiday, the raw material n-butanol fluctuated and increased, while the price of PA fluctuated and decreased. The price of 2-EH stabilized strongly, with significant cost support. Downstream demand was average, and plasticizer DBP enterprises started operating at a low level. The price of plasticizer DBP fluctuated and increased.
N-butanol prices Strongly consolidated of after the holiday
According to the Commodity Market Analysis System of SunSirs, as of October 8th, the price of n-butanol was 9,066.67 RMB/ton, which was temporarily stable compared to the price of n-butanol on October 1st, which was 9,066.67 RMB/ton. After the holiday, some enterprises saw an increase in the factory price of n-butanol, with low inventory of n-butanol manufacturers and tight spot supply on the market. Downstream demand was cautious in purchasing according to quantity, and the rise in n-butanol prices was supported significantly.
After the holiday, the market for raw material PA fluctuated and fell
According to the market analysis system for PA products of SunSirs, as of October 8th, the quotation for neighboring PA was 8,600 RMB/ton, a decrease of 1.29% compared to the price of 8,712.50 RMB/ton on October 1st. During the Double Festival period, crude oil prices plummeted, neighboring benzene prices fell, and raw material prices fell. However, downstream procurement enthusiasm was poor, and after the festival, the price of PA fell. Recently, the price of PA fluctuated and fell, and the cost support for plasticizers weakened.
After the holiday, the price of 2-EH rose first and then fell
According to the Commodity Market Analysis System of SunSirs, the price of 2-EH on October 8th was 12,280 RMB/ton, an increase of 2.16% compared to the price of 2-EH on October 1st, which was 12,020 RMB/ton. After the holiday, the price of 2-EH rose first and then fell. During the Double Festival period, downstream enterprises of 2-EH actively purchased, and the price of 2-EH surged after the festival. However, after the festival, customers replenished their inventory of 2-EH, which was less than expected. The high price of 2-EH fell, and the price of 2-EH first rose and then fell.
Market outlook
Plasticizer product data analysts from SunSirs believe that after the holiday, the prices of n-butanol had consolidated strongly, while the prices of 2-EH have first increased and then decreased, while the prices of PA had fluctuated and fallen. Overall, with the increase in raw material prices and increased cost support for plasticizer DBP, it is expected that DBP prices will fluctuate and rise in the future.
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