1. Focus Points
- Downstream offtake interest for DBP has turned weak.
- Raw material prices remain high, providing some support to costs.
- On September 8: Houthi forces attacked Saudi oil facilities, U.S.-Iran military conflict continued, and supply risks pushed international oil prices higher. NYMEX crude oil futures for October delivery rose $1.55 to $93.03/bbl, up 1.69% from the previous session; ICE Brent futures for November delivery rose $0.92 to $97.92/bbl, up 0.95% from the previous session. China's INE crude oil futures (2610 contract) rose 14.8 yuan to 703.3 yuan/bbl, and gained another 11.4 yuan to 714.7 yuan/bbl in night trading.
2. Price List
DBP and upstream product price comparison
Unit: yuan/ton
Source: Chempricehub Information
Notes:
- DBP, naphthalene-based phthalic anhydride, and n-butanol are all national-standard premium-grade products.
- The listed prices are spot cash, tax-inclusive prices, in yuan/ton.
- The RMB prices in the table above are ex-plant cash prices.
- The prices for the two periods are point-in-time prices of the two working weeks prior to this week, not weekly averages.
- The change rate is the period-on-period change rate.
3. Market Outlook
Yesterday, domestic DBP market prices fluctuated upward. The sharp increase in phthalic anhydride prices drove costs higher quickly, strengthening cost support for DBP prices. Downstream buyers made cautious purchases based on rigid demand, while market inquiries and transaction volumes were moderate. DBP market prices are expected to fluctuate with an upward bias today.
4. Data Calendar
Source: Chempricehub Information
Notes:
- ↓↑ Indicate significant fluctuations, highlighting indicators with changes exceeding 3%.
- →↗↘ Indicate narrow fluctuations, highlighting indicators with changes within 0–3%.
Comments
0