SunSirs: DBP Prices Rose First and Then Fell This Week (December 11-19)
December 21 2022 11:22:58 SunSirs (John)
The price of plasticizer DBP rose first and then fell this week
According to the data monitoring of SunSirs, as of December 19, the DBP price was 9,666.67 RMB/tonn, up 2.11% from the price of 9,466.67 RMB/tonn on December 11. The price of raw materials rose and the demand recovered. The DBP price rose first and then fell this week.
The price of DBP raw materials rose in shock
According to the price monitoring of SunSirs, as of December 19, the price of PA was 8,175 RMB/ton, up 0.31% from the price of 8,150 RMB/ton on December 11. The price of OX fell, the cost of PA became weak and stable, the price of PA fell first and then rose, and the downward pressure on DBP weakened.
According to the price monitoring of SunSirs, as of December 19, the price of n-butanol was 8,300 RMB/tonn, up 9.69% from the price of 7,566.67 RMB/tonn on December 11. The trading atmosphere of n-butanol in the market recovered, but the increase was less than expected. The industry's strong willness was strengthened. The price of n-butanol rose first and then fell, and the cost of DBP rose.
Market outlook
According to DBP data analysts from SunSirs, in terms of cost, the price of raw material phthalic anhydride had stopped falling and recovered, the price of n-butanol rose first and then dropped, and the cost of DBP raw materials had risen; In terms of demand, DBP demand recovered but the rise was less than expected. In the future, the cost of DBP will rise, and the demand will not recover as expected. It is expected that the price of DBP will be weak and stable in the future.
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- 2024-02-20 SunSirs: Costs Rose, Supply Increased, and DBP Prices Weakly Consolidated
- 2024-02-19 SunSirs: On February 18th, the Domestic DBP Market Was Temporarily Stable
- 2024-02-06 SunSirs: Cost Supported, DBP Prices Were Consolidating at High Levels in January
- 2024-01-19 SunSirs: On January 18th, the Domestic DBP Market Stabilized
