DBP prices rose in shock this week
According to the data monitoring of business society, DBP prices fluctuated and rose this week, and DBP prices rose. As of January 17, the DBP price was 10233.33 yuan / ton, up 3.3% from the DBP price of 9733.33 yuan / ton on January 10; Rising raw material prices and Spring Festival stock up led to rising DBP prices.
The price of butanol fluctuated and rose this week
According to the price monitoring of business society, the price of n-butanol fluctuated and rose this week. As of January 17, the price of n-butanol was 9600 yuan / ton, up 2.86% from 9333.33 yuan / ton on January 10. This week, the downstream customers prepared goods in the Spring Festival, and the demand for n-butanol increased briefly, which stimulated the rise of n-butanol price, raw material price, cost support and DBP rising power.
The price of phthalic anhydride fluctuated and rose this week
According to the price monitoring of business society, the price of phthalic anhydride fluctuated and rose this week. As of January 17, the price of phthalic anhydride was 7412.50 yuan / ton, up 2.24% from 7250.00 yuan / ton on January 7. When downstream customers prepare goods in the Spring Festival, the demand for phthalic anhydride rises briefly, the price of raw material o-benzene rises, which stimulates the price rise of phthalic anhydride, the price rise of DBP raw material, the cost support increases, and the driving force of DBP rise increases.
PVC trend stopped falling and rebounded this week
According to the price monitoring of the business society, the PVC price stopped falling and rebounded this week, and the PVC market became warmer. As of January 17, the price of PVC was 8340 yuan / ton, up 0.12% from 8330 yuan / ton on January 10; Compared with the PVC price of 8320 yuan / ton on January 1, it rose by 0.24%. The spring festival atmosphere is getting stronger, and the terminal enterprises are reducing their burdens one after another. Affected by the low real estate boom, the orders of terminal building materials are lower than those in previous years, the rigid demand for PVC raw material procurement is expected to decrease one after another, and the goods preparation for the Spring Festival is coming to an end, and the rigid demand is reduced; The overall demand for plasticizer is insufficient, which is still bad for DBP market.
DBP data analysts of business agency believe that stimulated by the soaring price of crude oil and the demand for goods preparation before the Spring Festival, the prices of raw materials n-butanol, octanol and phthalic anhydride increased, the cost of plasticizer DBP increased and the price of DBP increased. In the future, the Spring Festival stock up is coming to an end, the downstream start-up is low, the raw materials rise or slow down, the demand is insufficient, and the rising space is limited. It is expected that the future DBP price will rise first and then stabilize.