Cost increase, supply increase, DBP price weakens

After the holiday, the price of plasticizer DBP is weak and consolidating

 

According to the Commodity Market Analysis System of Business Society, as of February 19th, the DBP price was 9775 yuan/ton, which is temporarily stable compared to the DBP price of 9775 yuan/ton on February 9th before the holiday. The raw material n-butanol has experienced strong consolidation, while the price of isooctanol has fluctuated and risen. DBP costs have also increased. After the holiday, DBP enterprises have resumed production, DBP supply has increased, and downstream procurement enthusiasm is average. DBP prices are weak and consolidating.

 

After the holiday, the price of isooctanol fluctuated and increased

 

According to the Commodity Market Analysis System of Shengyishe, as of February 19th, the quotation for isooctanol was 12450 yuan/ton, a fluctuating increase of 0.81% compared to the quotation for isooctanol on February 9th before the holiday, which was 12350 yuan/ton; Compared to February 1st at the beginning of the month, the price of 12375 yuan/ton increased by 0.61%. During the Spring Festival, the operating load of isooctanol enterprises decreased, but there was some recovery after the holiday. In addition, downstream customers restocked, and the demand for isooctanol slowly rebounded. During the Spring Festival, the price of isooctanol remained high, and after the holiday, the price of isooctanol slightly increased.

 

High level consolidation of n-butanol prices

 

According to the Commodity Market Analysis System of Business Society, as of February 19th, the price of n-butanol was 8733.33 yuan/ton, which is temporarily stable compared to the price of n-butanol on February 9th before the holiday, which was 8733.33 yuan/ton; Compared to February 1st, the price of n-butanol decreased by 0.95% at 8816.67 yuan/ton. Low inventory of n-butanol enterprises, high consolidation of n-butanol prices; DBP cost support still exists.

 

Future expectations

 

Business Society plasticizer product data analysts believe that in terms of raw materials: n-butanol is consolidating at a high level, isooctanol prices are fluctuating and rising, and DBP raw material costs are supporting; After the holiday, plasticizer enterprises resumed production and DBP supply increased. In the future, cost support still exists, and the supply of plasticizer DBP increases. It is expected that DBP prices will remain weak and consolidate in the future.

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