DBP prices fell in December
According to the data monitoring of the business community, as of December 31, the DBP price was 9200 yuan / ton, down 5.96% from the DBP price of 9783.33 yuan / ton on December 1; The price rise of raw materials and the preparation of goods in advance before the festival led to a short rise in DBP price, which then fell rapidly. Overall, DBP fell in shock and DBP market fell in December.
N-butanol surged in December
According to the price monitoring of business society, n-butanol first rose and then fell in December. On December 31, the price of n-butanol was 8233.33 yuan / ton, down 7.84% from 8933.33 yuan / ton on December 1; Compared with 7500 yuan / ton on December 13, it increased by 9.78%. In the middle and late ten days, the price of n-butanol increased significantly, the price of raw materials increased, the cost support increased, and the rising power of DBP increased.
In December, the price of phthalic anhydride stopped falling and rose
According to the price monitoring of business society, the price of phthalic anhydride stopped falling and rebounded in December, and the overall price of phthalic anhydride fluctuated and rose. In December, the price of phthalic anhydride increased by 1.77%, and the phthalic anhydride market recovered. The price of phthalic anhydride rises, the cost of DBP rises, and the rising power of DBP increases.
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The decline of PVC slowed down in December
According to the price monitoring of the business society, the PVC price fluctuated and fell in December, and the PVC price stabilized and the decline slowed down in late October. The PVC market has entered a weak finishing pattern. PVC weak consolidation, general spot market. The demand for plasticizer is insufficient, which is bad for DBP market.
Future expectations
According to DBP data analysts of business agency, in December, the price of phthalic anhydride, the raw material of DBP, rebounded and rose, the price of n-butanol stopped falling and warmed up, and the cost of DBP rose; In terms of demand, plasticizer is in the traditional off-season, PVC market is weak and consolidated, and the demand for plasticizer is general. In the future, the Spring Festival holiday is coming in January, and downstream customers have holidays one after another, resulting in a rapid decline in demand. It is expected that the demand for DBP will be relatively stable in the first half of the month, and then the demand will enter a new low. Insufficient demand makes DBP prices weak, mainly for consolidation.
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