April plasticizer DBP fluctuated and fell

According to the Commodity Market Analysis System of the Business Society, as of April 28th, the DBP price was 9237.50 yuan/ton, a decrease of 4.52% compared to the DBP price of 9675 yuan/ton on April 1st. The prices of raw materials have decreased, cost support has decreased, and downstream customers have poor purchasing enthusiasm. In April, DBP prices fluctuated and fell.

Market situation of raw material products

According to the Commodity Market Analysis System of the Business Society, as of April 28th, the quotation for ortho phthalic anhydride was 8225 yuan/ton, a decrease of 4.64% from the price of 8625 yuan/ton on April 1st. The price increase of neighboring benzene has slowed down, and the support for the cost increase of phthalic anhydride has weakened. Downstream demand is poor, and the market for phthalic anhydride in April was weak, increasing the pressure on the price decline of phthalic anhydride in the future.

According to the Commodity Market Analysis System of the Business Society, as of April 28th, the price of n-butanol was 7166.67 yuan/ton, a decrease of 7.33% compared to the price of n-butanol on April 1st, which was 7733.33 yuan/ton. In April, the equipment construction of n-butanol enterprises was stable, with sufficient supply of n-butanol and weak downstream demand. The price of n-butanol fell weakly in April, and the downward pressure on n-butanol prices in the future increased.

According to the Commodity Market Analysis System of the Business Society, as of April 28th, the price of isooctanol was 9157.14 yuan/ton, a decrease of 2.88% compared to the price of isooctanol on April 1st, which was 9428.57 yuan/ton. In April, the production of isooctanol enterprises was at a low level, and the supply of isooctanol decreased. The production of plasticizer enterprises was temporarily stable at a low level, and the weak consolidation of isooctanol will be the main trend in the future.

Future expectations

Analysts from Business Society’s plasticizer product data believe that in April, the prices of raw materials for plasticizer DBP, such as phthalic anhydride, isooctanol, and n-butanol, fluctuated and fell, increasing the pressure on raw materials to decline. On the demand side, downstream demand is weak. In the future, cost support has decreased and demand is weak, with plasticizer DBP market mainly fluctuating and falling.