The price of plasticizer DBP rose first and then fell
| PVA 0599 (PVA BF05) |
According to the Commodity Market Analysis System of the Business Society, as of May 29th, the DBP price was 9162.50 yuan/ton, a decrease of 5.17% compared to the price of 9662.50 yuan/ton on May 7th; Compared to the price of 9237.50 yuan/ton on May 1st, it decreased by 0.81%. The prices of raw materials have fluctuated and fallen, the cost of plasticizers has decreased, and the price of plasticizer DBP has increased first and then decreased.
The price of isooctanol rose first and then fell
According to the Commodity Market Analysis System of the Business Society, during the May Day holiday, the sudden shutdown of isooctanol devices drove up the price of isooctanol rapidly. On May 8th, the price of isooctanol was 10183.33 yuan/ton, a sharp increase of 11.90% compared to 9100 yuan/ton on May 1st; DBP production enterprises have octanol contracts to execute, and there is also an appropriate amount of pre holiday stock of raw materials. Therefore, in the face of a sharp rise in the market, downstream customers have a low intention to buy at a high level, and there are gradually news of production stoppages. Insufficient demand has led to a rapid decline in the price of isooctanol. On May 12, the price of isooctanol was 9566.67 yuan/ton, a decrease of 6.06% compared to May 8, when the price of isooctanol was 10183.33 yuan/ton; Afterwards, the supply and demand of isooctanol were relatively balanced, and the price of isooctanol stabilized at a high level. As of May 29, the price of isooctanol was 9460 yuan/ton, an increase of 3.96% compared to 9100 yuan/ton on May 1. In May, the price of isooctanol fluctuated and consolidated, but the current price is still difficult to attract the buying sentiment of end users, resulting in weak market transactions. The support for the increase in plasticizer product costs is weakened, and the price of plasticizer DBP fluctuated and fell.
The price of n-butanol rose first and then fell in May
According to the Commodity Market Analysis System of Business Society, as of May 29th, the price of n-butanol was 7500 yuan/ton, a decrease of 10.00% compared to May 7th, when the price of n-butanol was 8333.33 yuan/ton; The price of n-butanol increased by 4.65% compared to 7166.67 yuan/ton on May 1st. In May, the price of n-butanol first rose and then fell, and the price of n-butanol increased compared to the beginning of the month. The overall support for the increase in plasticizer costs was weakened, and the upward momentum for plasticizer DBP prices in the future was insufficient.
The price of phthalic anhydride fluctuated and fell in May
According to the Commodity Market Analysis System of the Business Society, as of May 29th, the quotation for neighboring phthalic anhydride was 7950 yuan/ton, a decrease of 3.34% compared to the price of 8225 yuan/ton on May 1st. In May, the price of phthalic anhydride fluctuated and fell, and in the middle of the month, the price of phthalic anhydride briefly rebounded and adjusted. However, overall, the price of phthalic anhydride fluctuated and fell, and exports increased. The market of phthalic anhydride fluctuated and fell, and the pressure on the cost of plasticizers increased.
| POLYVINYL ALCOHOL |
Downstream PVC prices fluctuate and fall
According to the Commodity Market Analysis System of the Business Society, PVC prices fluctuated and fell in May, resulting in weak downstream demand; As of May 29th, the price of PVC was 5530 yuan/ton, a decrease of 6.67% compared to the price of PVC on May 1st, which was 5925 yuan/ton. The economy is weak, PVC demand is weak, PVC prices are fluctuating and falling, and there is insufficient demand for plasticizers.
Future expectations
Analysts from Business Society’s plasticizer product data believe that in May, the prices of isooctanol and n-butanol first rose and then fell, while the prices of phthalic anhydride fluctuated and fell, and the cost support for plasticizer DBP products decreased; Downstream PVC prices have fluctuated and fallen, the PVC market is weak, and the demand for plasticizers has decreased. Overall, the supply of isooctanol and n-butanol has resumed, and the cost of plasticizer raw materials has increased to support a decrease. The demand for plasticizers is weak, and it is expected that the price of plasticizer DBP will be weakened and lowered.
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