DBP prices stabilized after rising this week

According to the data monitoring of business society, the price of DBP stabilized after rising this week, and the overall DBP market stabilized. As of March 11, the price of DBP was 11766.67 yuan / ton, up 4.44% from 11266.67 yuan / ton on March 4 last weekend, and up 9.29% from 10766.67 yuan / ton on March 1.

The price of butanol fluctuated and rose this week

According to the price monitoring of business society, the price of n-butanol fluctuated and rose this week, and the market of n-butanol rose. On March 11, the price of n-butanol was 11100.00 yuan / ton, up 5.71% from 10500.00 yuan / ton on March 4 last weekend. This week, the price of n-butanol in Shandong rose, the cost of DBP rose, and the price of DBP rose.

Phthalic anhydride prices rose this week

According to the price monitoring of business society, the price of phthalic anhydride stabilized after rising this week. As of March 11, the price of phthalic anhydride was 9150 yuan / ton, up 7.96% from 8475 yuan / ton on March 4 last weekend. This week, the price of phthalic anhydride rose, the price of DBP rose, and the rising power of DBP supported by cost increased.

Future expectations

DBP data analysts of business agency believe that the crisis in Russia and Ukraine has eased this week, and the crude oil price has fallen rapidly after soaring. Affected, the prices of n-butanol and phthalic anhydride in the downstream spot market have stabilized after rising, the prices of raw materials have risen, the cost of plasticizer DBP has risen, and the price of DBP has risen. In the future, the price of raw materials and the cost of DBP will stabilize, and it is expected that the price of DBP will stabilize strongly in the future.