DBP prices fell slightly this week
PVA 0588 ( PVA BP05) |
According to the data monitoring of the Business News Agency, as of February 24, the DBP price was 9462.50 yuan/ton, down 0.13% from the DBP price of 9475 yuan/ton on February 17. Fundamental support is limited, and DBP prices fell slightly this week.
The price of raw materials fluctuated and adjusted this week
According to the price monitoring of the business agency, as of February 24, the price of ortho phthalic anhydride was 8325 yuan/ton, up 0.45% from the price of 8287.50 yuan/ton on February 17. The price of o-xylene rose, and the price of phthalic anhydride was willing to stand up. The price of phthalic anhydride rose slightly this week, and the rising power of DBP was strong.
POLYVINYL ALCOHOL |
According to the price monitoring of the Business Agency, as of February 24, the price of n-butanol was 7233.33 yuan/ton, down 3.13% from the price of 7466.67 yuan/ton on February 17. The n-butanol enterprises started to rise, the supply of n-butanol was sufficient, the market demand recovered, the supply and demand increased, the price of n-butanol fell, the DBP cost fell, and the downward pressure of DBP was great in the future.
Aftermarket expectation
According to DBP data analysts of Business News Agency, the raw material phthalic anhydride rose slightly this week, while the price of n-butanol fell, and the rise of DBP raw material cost was not supported enough; This week, plasticizer enterprises started to rise, DBP supply increased, and demand remained weak. In the future, the rising cost of plasticizer is insufficient to support the weak demand, and the DBP price is expected to be weak and volatile.
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