SunSirs: After the Festival, DBP Prices Fluctuated and Consolidated
January 11 2023 09:34:02 SunSirs (John)
After the festival, plasticizer DBP prices fluctuated and consolidated
According to the data monitoring of SunSirs, as of January 6, the DBP price was 9,566.67 RMB/ton, which stabilized with the DBP price of 9,566.67 RMB/ton on January 1. The price of raw materials fell, the demand recovered, and the DBP price fluctuated and consolidated after the festival.
The price of DBP raw material adjusted of fluctuated
According to the price monitoring of SunSirs, as of January 6, the price of PA was 8,050 RMB/ton, down 0.16% from 8,062.50 RMB/ton on January 1. The price of OX had stabilized, the cost of PA had stabilized, the decline of PA price had slowed down, and the downward pressure on DBP had weakened.
According to the price monitoring of SunSirs, as of January 6, the price of n-butanol was 8,133.33 RMB/ton, down 0.41% from 8,166.67 RMB/ton on January 1. The willingness to support the price of n-butanol in the market increased. The price of n-butanol fell first and then rose. The cost of DBP stopped falling and rose. The momentum for the rise of DBP in the future market increased.
Market outlook
According to DBP data analysts from SunSirs, the price of raw material PA fell slightly, the price of n-butanol fell first and then rose, and the cost of DBP raw materials stopped falling and rose. The cost of DBP stopped falling and rose, and the demand recovered. It is expected that the DBP price will be strongly stabilized in the future.
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