DBP price of plasticizer slightly increased in May
According to the Commodity Market Analysis System of Business Society, as of May 30th, The DBP price is 9566.67 yuan/ton, an increase of 2.45% compared to the DBP price of 9337.50 yuan/ton on May 1st. Plasticizer enterprises operate at a high operating rate and have sufficient supply. The prices of raw materials have fluctuated and increased, with increased cost support. The price of plasticizer DBP has fluctuated and increased, and macroeconomic policies have stimulated the expected rebound in demand for plasticizers. Overall, there is still support for the rise in plasticizer prices.
The price of isooctanol fluctuated and rose in May
According to the Commodity Market Analysis System of Shengyishe, as of May 30th, the quotation for isooctanol was 9910 yuan/ton, a fluctuating increase of 2.59% compared to the quotation of 9660 yuan/ton on May 1st. In May, the price of isooctanol was at the bottom of the market, and there was limited room for its decline. Since the domestic isooctanol market hit bottom in mid April, the price center of isooctanol has slowly shifted upwards. From the demand side, the rotating maintenance of downstream plasticizers and isooctyl acrylate units in May resulted in low continuity of buying, and the fluctuation range of isooctyl alcohol narrowed. The market for isooctanol lacks continuous upward momentum, and the price of isooctanol has fluctuated slightly.
The price of n-butanol fluctuated and rose in May
According to the analysis system of n-butanol commodity market by Business Society, as of May 30th, the quotation for n-butanol was 8466.67 yuan/ton, which fluctuated and increased by 8.09% compared to the price of n-butanol on May 1st, which was 7833.33 yuan/ton. The supply and demand of n-butanol market is weak, and the overall market is operating quietly. In the first and second half of the year, some downstream small areas require replenishment, and the focus of the n-butanol market is slightly upward. The overall production capacity utilization rate of n-butanol has not changed much, and the overall supply side of the market remains stable. The trading atmosphere in the n-butanol market is average, and the main factories of n-butanol have stable shipments. Downstream demand for n-butanol has rebounded, and the price of n-butanol has stabilized strongly.
The price of phthalic anhydride fluctuated and rose in May
According to the market analysis system for phthalic anhydride products by Shengyishe, as of May 30th, the quoted price of phthalic anhydride was 8187.50 yuan/ton, a fluctuation increase of 6.06% compared to the price of phthalic anhydride on May 1st, which was 7720 yuan/ton. The price of raw material ortho benzene has increased, and the cost of phthalic anhydride has increased; In the middle and late stages, the phthalic anhydride unit underwent centralized maintenance, and its daily production capacity utilization rate has dropped to 59%. The supply of phthalic anhydride has decreased, supporting the rise in phthalic anhydride prices. The cost line of plasticizer DBP has slightly increased.
Future expectations
Business Society plasticizer product data analysts believe that in May, the production of plasticizer DBP manufacturers slightly decreased, and upstream isooctanol and n-butanol manufacturers, as well as downstream PVC product enterprises of plasticizers, all experienced varying degrees of maintenance, resulting in an overall tightening of supply in the plasticizer sector; Downstream production has decreased, and downstream demand for plasticizers is expected to decrease. In the future, in June, plasticizer manufacturers reduced maintenance and resumed supply, resulting in a double increase in supply and demand. The supply of plasticizers was sufficient, and demand rebounded; The rise in raw material prices has slowed down, and the support for the increase in plasticizer costs has weakened; Downstream demand support is increasing, and it is expected that the price of plasticizer DBP will consolidate strongly in the future.
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