SunSirs: Cost Reduction, Insufficient Demand, and DBP Prices Fluctuated and Declined

https://www.chemnet.com   Jun 14,2023 SunSirs

　　he price of plasticizer DBP fluctuated and fell this week

　　According to the Commodity Market Analysis System of SunSirs, as of June 9th, the DBP price was 8,437.50 RMB/ton, a decrease of 4.40% compared to the price of 8,826.25 RMB/ton on June 2nd. The prices of raw materials fluctuated and fell, the cost of plasticizers decreased, and the price of plasticizer DBP fluctuated and fell.

　　The price of 2-EH fluctuated and fell this week

　　According to the Commodity Market Analysis System of SunSirs, the price of 2-EH on June 9th was 8,720 RMB/ton, a decrease of 3.96% compared to 9,080 RMB/ton on June 2nd. This week, the price of 2-EH fluctuated and fell, with weak market trading performance. The cost of plasticizer products decreased, and the price of plasticizer DBP fluctuated and fell.

　　The price of n-butanol fluctuated and fell this week

　　According to the Commodity Market Analysis System of SunSirs, as of June 9th, the price of n-butanol was 6,616.67 RMB/ton, a decrease of 7.67% compared to the price of n-butanol on June 2nd, which was 7,166.67 RMB/ton. This week, the price of n-butanol significantly decreased, with sufficient supply and weak demand. The overall pressure on the cost of plasticizers increased, and the price of plasticizer DBP will fluctuate and fall in the future.

　　The price of PA fluctuated and fell this week

　　According to the Commodity Market Analysis System of SunSirs, as of June 9th, the quotation for neighboring PA was 7,687.5 RMB/ton, a decrease of 1.44% compared to the price of 7,800 RMB/ton on June 2nd. The operation of PA enterprises was stable, with sufficient supply of PA. Downstream procurement was based on demand and the demand was poor. This week, the price of PA fluctuated and fell raw material costs decreased and the pressure on plasticizer costs was significant.

　　Market outlook

　　SunSirs’plasticizer product data analysts believe that the prices of 2-EH and n-butanol significantly decreased this week, and the cost of plasticizer DBP products decreased. Overall, the supply of 2-EH and n-butanol was sufficient, the cost of plasticizer raw materials had decreased, and the demand for plasticizers was weak. It is expected that the price of plasticizer DBP will fluctuate and fall in the future.

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