DBP prices rose in January

According to the data monitoring of business agency, the price of DBP fluctuated and rose in January, and the DBP market recovered and rose. As of January 27, the price of DBP was 10733.33 yuan / ton, up 16.67% from 9200.00 yuan / ton on January 1; In the off-season, when goods are prepared for the Spring Festival, DBP prices fluctuate and rise.

The price of n-butanol fluctuated and rose in January

According to the price monitoring of the business agency, the price of n-butanol fluctuated and rose in January. On January 27, the price of n-butanol was 9366.67 yuan / ton, up 12.85% from 8300 yuan / ton on January 1. At the beginning of the month, the replenishment of customers after new year’s Day stimulated the sharp rise of n-butanol price. After the replenishment, the price of n-butanol fell. In the middle of the Spring Festival, the demand of downstream customers increased briefly, which stimulated the sharp rise of n-butanol price again. The short rise of demand stimulated the rise of n-butanol price, and the upward momentum of DBP increased.

The price of phthalic anhydride fluctuated and rose in January

According to the price monitoring of business society, the price of phthalic anhydride continued to rise in January. As of January 27, the price of phthalic anhydride was 7800 yuan / ton, up 8.71% from 7175 yuan / ton on January 1. The price of raw materials rose. After accumulating the stock replenishment on New Year’s day and the stock preparation for the Spring Festival, the demand for phthalic anhydride increased briefly, and the cost rose. The price of phthalic anhydride rose all the way in January, the price of DBP raw materials rose, the cost support increased, and the driving force of DBP rise increased.

PVC rebounded and rose in January

According to the price monitoring of the business agency, the PVC price stopped falling and rose in January, and the PVC market recovered. As of January 27, the price of PVC was 8460 yuan / ton, up 1.68% from 8320 yuan / ton on January 1. In January, customers prepared goods in advance during the Spring Festival. During the Spring Festival, PVC manufacturers had holidays, PVC supply decreased, demand increased, and PVC price rose, which was more favorable to DBP market.

Future expectations

DBP data analysts of business agency believe that stimulated by the sharp rise in crude oil prices and the impact of goods preparation before the Spring Festival, the prices of raw materials n-butanol, octanol and phthalic anhydride increased, the cost of plasticizer DBP increased, the demand increased, and the price of DBP fluctuated and rose. In the future, after the Spring Festival, enterprises have resumed operation one after another, and the market supply has increased. In February, the plasticizer market is still in the off-season. The demand growth of plasticizer is insufficient, the demand growth after the festival is insufficient, and the supply is expected to increase. It is expected that the DBP price will stabilize after the fall of the Spring Festival.