SunSirs: Cost Support Still Existed, and DBP Prices Strongly Stabilized
November 22 2022 09:19:38     SunSirs (John)The price of plasticizer DBP strongly stabilized this week
According to the data monitoring of SunSirs, as of November 18, the DBP price was 9,800 RMB/ton, up 0.34% from the price of 9,766.67 RMB/ton on November 11. Raw material support still existed, and DBP prices were strong and stable this week.
The price of DBP raw materials fluctuated and stabilized
According to the price monitoring of SunSirs, as of November 18, the price of PA was 9,150 RMB/ton, which was stable compared with the price of 9,150 RMB/ton on November 11. This week, the price of PA from OX process remained stable, the price of PA from naphthalene process rose, the cost of DBP stabilized, and the downward pressure on DBP weakened.
According to the price monitoring of SunSirs, as of November 18, the price of n-butanol was 7,400 RMB/ton, which was stable compared with the price of 7,400 RMB/ton on November 11. The delivery of n-butanol manufacturers resumed, the trading atmosphere of n-butanol in the market was stable, the industry remained to support the price, the price of n-butanol rose first and then fell, the cost of DBP rose, and the support remained.
Market outlook
According to the DBP data analysts of SunSirs, the price of raw material PA was stable, the price of n-butanol fluctuated to be stable, and the DBP cost support remained. It is expected that the DBP price will fluctuate to stabilize in the future.
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