The price of plasticizer DBP fluctuated and increased in July

According to the Commodity Market Analysis System of the Business Society, as of July 21, the DBP price was 9113.75 yuan/ton, an increase of 3.71% compared to the price of 8787.50 yuan/ton on July 1. Crude oil prices fluctuate and rise, raw materials such as butanol and phthalic anhydride prices fluctuate and rise, plasticizer DBP costs rise, PVC prices rebound and rise, plasticizer demand rebounds, and plasticizer DBP prices fluctuate and rise in July.

The price of isooctanol fluctuated and rose in July

According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on July 21st was 9666.67 yuan/ton, an increase of 3.39% compared to July 1st at 9350 yuan/ton. The supply of isooctanol is tight, and downstream demand is slowly recovering. In July, the price of isooctanol fluctuated and increased, the cost of plasticizer products increased, and the price of plasticizer DBP fluctuated and increased.

The price of n-butanol fluctuated and rose in July

According to the Commodity Market Analysis System of the Business Society, as of July 21, the price of n-butanol was 7483.33 yuan/ton, an increase of 2.28% compared to the price of n-butanol on July 1, which was 7316.67 yuan/ton. The supply of n-butanol has increased, while downstream demand news is flat. Downstream enterprises have average purchasing enthusiasm. In July, the price of n-butanol fluctuated and increased, and the demand for n-butanol has stabilized. The cost of plasticizers has increased, and the price of plasticizer DBP has fluctuated and increased in the future.

PVC prices fluctuated and rose in July

According to the PVC product market analysis system of the Business Society, as of July 21, the PVC quotation was 5698.33 yuan/ton, an increase of 3.51% compared to the PVC price of 5505 yuan/ton on July 1. Crude oil prices have fluctuated and increased, PVC costs have increased, and PVC prices have fluctuated and increased in July; The extension of the two policies in the “16 Financial Regulations” helps to promote the completion and delivery of real estate projects. While ensuring the delivery of buildings, it also helps to repair market demand expectations. PVC demand expectations have increased, downstream demand has rebounded, plasticizer costs have increased, and the upward momentum of plasticizer DBP has increased.

Future expectations

Analysts from Business Society’s plasticizer product data believe that the price of crude oil has increased, and the supply of butanol and octanol is tight. In July, the prices of isooctanol and n-butanol fluctuated and increased, while the prices of ortho benzene and phthalic anhydride have increased. The cost of plasticizer DBP products has increased, and the driving force for DBP growth has increased; The economic recovery is accelerating, and the market demand for the repair of bonded buildings is expected to increase. The demand for PVC is expected to increase, while the demand for plasticizers is increasing. In the future, DBP costs will rise, demand will rise, and it is expected that DBP prices will fluctuate and rise in the future.