DBP prices rose in shock this week
| Thiourea |
According to the data monitoring of the Business Agency, as of March 6, the DBP price was 9587.50 yuan/ton, up 1.32% from 9775 yuan/ton on February 27. This week, the plasticizer DBP enterprises started to recover, the supply of DBP was stable, the basic support for the rise of raw material prices remained, and the price of DBP rose in shock this week.
The price of raw materials fluctuated and rose this week
According to the price monitoring of the business agency, as of March 6, the price of ortho phthalic anhydride was 8475 yuan/ton, up 1.80% from the price of 8325 yuan/ton on February 27. The price of o-xylene rose, and the willingness of phthalic anhydride to stand up was strong. The price of phthalic anhydride rose in shock this week, and the DBP had a strong upward momentum.
According to the price monitoring of the Business Agency, as of March 6, the price of n-butanol was 7400 yuan/ton, up 5.21% from 7033.33 yuan/ton on February 27. This week, n-butanol enterprises started to recover, and n-butanol intra-field trading resumed. The price of n-butanol rose in shock this week, and the cost of DBP rose. The momentum of DBP rise in the future is large.
Aftermarket expectation
According to DBP data analysts of Business News Agency, plasticizer enterprises started to recover this week, and DBP supply was sufficient; In terms of raw materials, phthalic anhydride rose slightly, the price of n-butanol rose sharply, and the cost of DBP raw materials rose; In terms of demand, downstream customers are looking for bargains to replenish stocks, and the demand for DBP is slowly recovering this week. In the future, the demand for plasticizer DBP rose slowly and the price of DBP is expected to rise slightly.
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