DBP prices rebounded this week
According to the data monitoring of SunSirs, the price of DBP has stopped falling and rebounded this week, and the DBP market has stopped falling and rebounded. As of February 17, the DBP price was 11,200.00 RMB/ton, down 3.45% from the DBP price of 11,200 RMB/ton on February 11 last weekend, and up 2.44% from the DBP price of 10,933.33 RMB/ton on February 15th. This week, the DBP market stopped falling and rebounded, and the DBP market is expected to rise.
N-butanol prices’ decline slowed this week
According to the price monitoring of SunSirs, the price of n-butanol has slowed down this week. On February 17, the price of n-butanol was 10,530 RMB/ton, a slight decrease of 170 RMB/ton from the price of 10,700 RMB/ton on February 14. This week, the price of n-butanol fell slightly, and the decline of n-butanol prices in Shandong slowed down. In the future, the n-butanol market will stabilize, the cost of DBP will stabilize, and the downward pressure on the DBP market will weaken.
This week, the price of PA was weak and temporarily stable
According to the price monitoring of SunSirs, the price of PA fell slightly this week. As of February 17, the price of PA was 8,500 RMB/ton, which was slightly lower than the price of PA on February 14, which was 8,525 RMB/ton. The price of PA fell this week, the demand for PA was temporarily stable, the price of DBP raw materials stabilized, and the cost support weakened.
The trend of PVC fell slightly this week
According to the price monitoring of SunSirs, the price of PVC fell slightly this week, and the price of PVC fell. As of February 17, the price of PVC was 8,830 RMB/ton, down 90 RMB/ton from the price of 8,920 RMB/ton on February 14, and the price of PVC fell slightly. This week, the price of PVC fell, and the rigid demand for PVC was stable; the favorable situation of DBP was weakened.
Market outlook
The DBP data analyst of SunSirs believes that the prices of raw materials n-butanol, 2-EH and PA have stabilized, the cost of plasticizer DBP has stabilized, and the price of DBP has rebounded after a sharp drop. In the future, the downstream demand is stable, the price of raw materials is stable, and it is expected that the price of DBP will fluctuate and stabilize in the future.
