DBP price shocks stabilized in March
| Azodicarbonamide (AC foaming Agent) |
According to the data monitoring of business society, the price of DBP fluctuated and adjusted in March, and the overall DBP market stabilized. As of March 29, the price of DBP was 10866.67 yuan / ton, up 0.93% from 10766.67 yuan / ton on March 1 at the beginning of the month. Overall, the price of DBP stabilized in March, and the plasticizer market fluctuated and stabilized.
In March, the price of n-butanol fluctuated and fell
According to the price monitoring of the business agency, the price of n-butanol fluctuated and fell in March, and the market of n-butanol fell. On March 29, the price of n-butanol was 10133.33 yuan / ton, down 3.18% from 10466.67 yuan / ton on March 1 at the beginning of the month. In March, the price of n-butanol in Shandong fell, the cost of DBP fell, and the pressure on the price of DBP increased.
In March, the price of phthalic anhydride rose first and then fell
| EDTA |
According to the price monitoring of business society, the price of phthalic anhydride first rose and then fell in March. As of March 29, the price of phthalic anhydride was 8725 yuan / ton, up 8.22% from 8062.50 yuan / ton on March 1 at the beginning of the month. In March, the price of phthalic anhydride rose first and then fell, the cost of DBP rose, the cost support of DBP remained, the rising power of DBP was large, and the downward pressure remained.
Future expectations
DBP data analysts of business agency believe that affected by the Russian Ukrainian crisis, the price of crude oil soared in early March, followed by the price rise of n-butanol and phthalic anhydride in the downstream spot market. Then, with the easing of the conflict, the price of crude oil plummeted, and the price of downstream n-butanol and phthalic anhydride fell. Affected by the epidemic in late October, the price of raw materials first rose and then fell, the cost of plasticizer DBP fluctuated and stabilized, and the price of DBP stabilized. The price of raw materials has stabilized, the cost of DBP has stabilized, and the price shock of DBP is expected to stabilize in the future.
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