DBP prices of plasticizers consolidating at a low level in April
According to the Commodity Market Analysis System of Shengyishe, as of April 16th, the DBP price was 9312.50 yuan/ton, a fluctuation decrease of 0.53% compared to the DBP price of 9362.50 yuan/ton on April 1st. In March, DBP prices fell significantly, and in April, DBP did not continue its decline. DBP prices stabilized at a low level.
Low level consolidation of raw material n-butanol, consolidation after the price drop of isooctanol, and insufficient cost support for plasticizer DBP; Plasticizer manufacturers have stable production and sufficient supply of DBP; Downstream construction and operation are normal, and spring maintenance is not active. The demand support for plasticizer DBP still exists, and the DBP price has stabilized at a low level after falling in April.
Low consolidation of n-butanol prices in April
According to the Commodity Market Analysis System of Shengyishe, as of April 16th, the price of n-butanol was 7900 yuan/ton, a fluctuation decrease of 0.63% compared to the price of n-butanol on April 1st, which was 7950 yuan/ton. The overall production capacity utilization rate in the n-butanol field has slightly decreased, and the overall supply pressure in the n-butanol market has been alleviated. The supply side provides support to the n-butanol market. The downstream demand for n-butanol is mainly for on-demand procurement, with some users stocking up on a small scale. The overall inquiry atmosphere on site has improved, and the demand side provides certain support to the n-butanol market. The support for the rise of n-butanol still exists, and the price of n-butanol has stopped falling and stabilized, with significant support for DBP costs.
Consolidation after the price drop of isooctanol
According to the Commodity Market Analysis System of Shengyishe, as of April 16th, the price of isooctanol was 9620 yuan/ton, a fluctuating decrease of 4.37% compared to the price of 10060 yuan/ton on April 1st. After a sharp drop in the price of isooctanol in April, it stabilized at a low level. The price of propylene, the raw material of isooctanol, fluctuated and rose, supporting costs. The downward pressure on isooctanol weakened; Downstream customers are becoming more proactive in purchasing, and in the future, iso octanol manufacturers are actively shipping. The positive support for iso octanol is increasing. After the decline in the market for isooctanol, it remained stable, with support from the rising cost of plasticizer DBP.
Future expectations
Business Society plasticizer product data analysts believe that in terms of cost: n-butanol is consolidating at a low level, isooctanol prices are consolidating after falling, DBP raw material cost support still exists, and DBP downward pressure is weakened; On the supply side, plasticizer DBP manufacturers are operating steadily, and there is an oversupply of DBP; In terms of demand, downstream manufacturers have low enthusiasm for spring maintenance, and the operating load has decreased less than expected. The demand support for plasticizers still exists. In the future, cost increases will provide greater support; DBP manufacturers with strong supply and weak demand for plasticizers are expected to see strong consolidation in DBP prices in the future.
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