The pressure of cost decline has weakened, leading to a slight drop in DBP prices this week

The price of plasticizer DBP has slightly decreased,

 

Thiourea

According to the Commodity Market Analysis System of Business Society, as of March 14th, the DBP price was 9362.5 yuan/ton, a slight decrease of 0.66% compared to the DBP price of 9425 yuan/ton on March 7th; Compared to March 1st, the DBP price dropped by 2.60% to 9612.5 yuan/ton. The raw material n-butanol has stopped falling and rebounded, while the price of isooctanol has fluctuated and fallen. The pressure on the cost decline of plasticizer DBP has weakened, and downstream manufacturers have not recovered well. Downstream customers have average purchasing enthusiasm, and the demand for plasticizer DBP is weak. DBP prices have fluctuated slightly this week.

 

The price of n-butanol has stopped falling and rebounded,

 

According to the Commodity Market Analysis System of Shengyishe, as of March 14th, the price of n-butanol was 8000 yuan/ton, which fluctuated and increased by 0.84% compared to the price of n-butanol on March 7th, which was 7933.33 yuan/ton; Compared to March 1st, the price of n-butanol at 8383.33 yuan/ton decreased first and then increased, with a decrease of 4.57%. In early March, the domestic n-butanol market continued to decline weakly. This week, the n-butanol market has finally broken the downward trend, and the market has experienced a slight recovery. The downstream demand for n-butanol has improved overall, and the trading atmosphere in the n-butanol market is mild. The overall supply side of n-butanol is still relatively loose, and the price of n-butanol has stopped falling and rebounded; DBP cost support is increasing.

 

The price of isooctanol has fluctuated and fallen,

 

According to the Commodity Market Analysis System of Shengyishe, as of March 14th, the price of isooctanol was 11675 yuan/ton, a decrease of 6.04% from the price of isooctanol on March 1st, which was 12425 yuan/ton. This week, the production of isooctanol has been stable, and the supply of isooctanol has increased; The shipment situation of iso octanol factories is poor, downstream manufacturers purchase at low prices, downstream demand is weak, and the price of iso octanol fluctuates and falls. The cost of plasticizer DBP has decreased.

 

Future expectations,

 

Business Society plasticizer product data analysts believe that in terms of raw materials: n-butanol first fell and then rose, isooctanol prices fluctuated and fell, and DBP raw material costs weakened the pressure of rising support. In the future, the downward pressure on raw materials will weaken; The supply of plasticizer DBP manufacturers is stable, and downstream PVC demand remains weak. It is expected that DBP prices will remain weak and consolidate in the future.

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