January plasticizer DBP price fluctuates and consolidates

According to the Commodity Market Analysis System of Business Society, as of February 4th, the DBP price was 9775 yuan/ton, which is temporarily stable compared to the DBP price of 9775 yuan/ton on January 31st; The DBP price fluctuated and increased by 0.26% compared to January 1st at 9750 yuan/ton. In January, the raw material n-butanol was consolidating at a high level, while the price of isooctanol fluctuated and fell. DBP cost support still exists, coupled with stable operating rates of DBP enterprises and average downstream procurement enthusiasm, DBP prices were consolidating at a high level.

Isooctanol prices fluctuate and fall

According to the Commodity Market Analysis System of Business Society, as of February 4th, the price of isooctanol was 12350 yuan/ton, which remained stable compared to the isooctanol price of 12350 yuan/ton on January 31st, and fluctuated and fell by 4.63% compared to the isooctanol price of 12925 yuan/ton on January 1st. At the beginning of the month, the production of isooctanol resumed, and with pre holiday stocking, the price of isooctanol stabilized at a high level in the first and second half of the month. With the end of stocking before the Spring Festival, and with isooctanol manufacturers offering discounts for shipments, the price of isooctanol fluctuated and fell, with insufficient cost support and insufficient support for DBP price increases.

High level consolidation of n-butanol prices

According to the Commodity Market Analysis System of Business Society, as of February 4th, the price of n-butanol was 8766.67 yuan/ton, a decrease of 0.57% compared to January 31st, when the price of n-butanol was 8816.67 yuan/ton; Compared to January 1st, the price of n-butanol increased by 0.77% to 8700 yuan/ton. Part of the facilities in the n-butanol plant have resumed production, and downstream enterprises are stocking up. As the Spring Festival approaches, the production of n-butanol enterprises has decreased. In addition, the pre holiday demand has declined, and the price of n-butanol has stabilized at a high level in January; DBP cost support still exists.

Future expectations

Business Society plasticizer product data analysts believe that in terms of raw materials, n-butanol remained stable at a high level in January, while isooctanol prices fluctuated and fell. DBP raw material cost support still exists, and DBP prices remained stable at a high level in January. In the future, cost support still exists, with a decrease in the production of plasticizer DBP, a decline in demand, weak supply and demand, and cost support. It is expected that DBP prices will consolidate strongly in the future.