The price of plasticizer DBP fluctuates and rises after the holiday

According to the Commodity Market Analysis System of the Business Society, as of October 8th, the DBP price was 10275 yuan/ton, an increase of 0.24% compared to the DBP price of 10250 yuan/ton on October 1st. After the holiday, the raw material n-butanol fluctuated and increased, while the price of phthalic anhydride fluctuated and decreased. The price of isooctanol stabilized strongly, with significant cost support. Downstream demand was average, and plasticizer DBP enterprises started operating at a low level. The price of plasticizer DBP fluctuated and increased.

Strong consolidation of n-butanol prices after the holiday

According to the Commodity Market Analysis System of Business Society, as of October 8th, the price of n-butanol was 9066.67 yuan/ton, which is temporarily stable compared to the price of n-butanol on October 1st, which was 9066.67 yuan/ton. After the holiday, some enterprises saw an increase in the factory price of n-butanol, with low inventory of n-butanol manufacturers and tight spot supply on the market. Downstream demand was cautious in purchasing according to quantity, and the rise in n-butanol prices was supported significantly.

After the holiday, the market for raw material phthalic anhydride fluctuated and fell

According to the market analysis system for phthalic anhydride products of the Business Society, as of October 8th, the quotation for neighboring phthalic anhydride was 8600 yuan/ton, a decrease of 1.29% compared to the price of 8712.50 yuan/ton on October 1st. During the Double Festival period, crude oil prices plummeted, neighboring benzene prices fell, and raw material prices fell. However, downstream procurement enthusiasm was poor, and after the festival, the price of phthalic anhydride fell. In the future, the price of phthalic anhydride fluctuated and fell, and the cost support for plasticizers weakened.

After the holiday, the price of isooctanol rose first and then fell

According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on October 8th was 12280 yuan/ton, an increase of 2.16% compared to the price of isooctanol on October 1st, which was 12020 yuan/ton. After the holiday, the price of isooctanol rose first and then fell. During the Double Festival period, downstream enterprises of isooctanol actively purchased, and the price of isooctanol surged after the festival. However, after the festival, customers replenished their inventory of isooctanol, which was less than expected. The high price of isooctanol fell, and the price of isooctanol first rose and then fell.

Future expectations

Analysts from Business Society’s plasticizer product data believe that after the holiday, the prices of n-butanol have consolidated strongly, while the prices of isooctanol have first increased and then decreased, while the prices of phthalic anhydride have fluctuated and fallen. Overall, with the increase in raw material prices and increased cost support for plasticizer DBP, it is expected that DBP prices will fluctuate and rise in the future.