SunSirs: Cost Stopped Falling and Rose, DBP Prices Fell First and Then Rose This Week

DBP prices fell first and then rose this week

According to the Commodity Market Analysis System of SunSirs, as of November 24th, the DBP price was 9,437.50 RMB/ton, a decrease of 0.13% compared to the DBP price of 9,450 RMB/ton on November 17th; The DBP price had increased by 0.40% compared to 9,400 RMB/ton on November 21st. The raw material n-butanol rebounded and rose, while the price of PA stopped falling and rebounded. Costs rose, and downstream demand was weak. This week, the price of plasticizer DBP fell first and then rose.

The price of n-butanol rebounded and rose this week

According to the Commodity Market Analysis System of SunSirs, as of November 24th, the price of n-butanol was 7,716.67 RMB/ton, an increase of 1.31% compared to the price of n-butanol on November 17th, which was 7,616.67 RMB/ton. This week, the n-butanol market experienced a rebound after a low period. Downstream users provided confidence in the n-butanol market by stocking up, and the overall n-butanol market continued to steadily rise. Downstream markets bought on dips, and the demand side was concentrated, causing n-butanol to fluctuate and rise this week.

This week, the price of PA stopped falling and rebounded

According to the market analysis system for PA products by SunSirs, as of November 24th, the quoted price of PA was 7,500 RMB/ton, an increase of 0.17% compared to the price of 7,487.50 RMB/ton on November 17th. The operating rate of domestic PA remained at 60%, the supply of PA was stable, the plasticizer market was recovering, the PA market was favorable, and the price of PA had rebounded.

Future expectations

SunSirs’ plasticizer product data analysts believe that in terms of raw materials: n-butanol prices had rebounded and risen, PA prices had stopped falling and rebounded, and DBP raw material cost support still existed; In terms of demand, the plastic market was operating weakly, and the demand for plasticizer DBP remained weak. Overall, with the increase in raw material prices and the support of plasticizer costs, it is expected that DBP prices will fluctuate and rise in the future.

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