DBP prices fluctuated and rose in March

According to data monitoring by Business News Agency, as of March 31, the DBP price was 9675 yuan/ton, an increase of 2.79% compared to the DBP price of 9412.50 yuan/ton on March 1. Plasticizer DBP enterprises started steadily, DBP supply was sufficient, and raw material prices were supported by rising prices. In March, DBP prices fluctuated and rose.

Raw material prices fluctuated and rose in March

According to the price monitoring by the Business Society, as of March 31, the price of n-butanol was 7766.67 yuan/ton, up 10.43% from March 1, when the price of n-butanol was 7033.33 yuan. The start-up of n-butanol enterprises has been stable. As the temperature rises, downstream demand rebounds, n-butanol prices fluctuate and rise, DBP cost support increases, and the upward momentum for DBP in the future increases.

According to the price monitoring by the Business Agency, as of March 31, the quotation for ortho phthalic anhydride was 8625 yuan/ton, an increase of 2.07% compared to the price of 8475 yuan/ton on March 1. In March, the price of ortho-xylene fluctuated and increased, with a strong willingness to stand up for phthalic anhydride. In March, the market for phthalic anhydride remained stagnant, and the upward momentum for DBP remained.

Aftermarket expectations

DBP data analysts from the Business News Agency believe that in March, plasticizer enterprises started operations stably and DBP supply was sufficient; In terms of raw materials, the price of phthalic anhydride rose first and then fell, the market for phthalic anhydride remained stagnant, the price of n-butanol rose significantly, and the cost of DBP raw materials rose. The cost of plasticizer DBP is rising, and the demand is weak. The price of DBP is fluctuating and rising. In the future, the market for phthalic anhydride is stagnant, and the price of n-butanol is rising. The support for DBP growth remains. It is expected that the price of DBP will fluctuate and consolidate at a high level in the future.