Production: The average operating rate this week was 37.28%.
Cost: Prices of n-butanol and phthalic anhydride rose then fell, remaining overall strong, leading to increased costs.
Domestic DBP Mainstream Market Price Trend Chart (CNY/ton)
Data Source: Chempricehub Information
Domestic DBP Market Price Weekly Change Table
Unit: CNY/ton
| Market | This Week | Last Week | Change | % Change |
|---|---|---|---|---|
| Shandong Region | 11300 | 11050 | +250 | +2.26% |
| Henan Region | 10950 | 10800 | +150 | +1.39% |
| Hebei Region | 11000 | 10900 | +100 | +0.92% |
Data Source: Chempricehub Information
During this period, domestic DBP market prices initially rose and then declined. It is reported that in the early stage, continuous significant increases in raw material prices for n-butanol and phthalic anhydride accelerated DBP cost growth. Strong support from high costs stimulated downstream buyers to purchase at lower levels, causing low-end market prices to gradually rise toward the upper end. Mid-week, as prices reached highs, market resistance emerged. Additionally, prices of n-butanol and phthalic anhydride fluctuated downward. Although costs decreased, they remained relatively high, still providing some support for DBP prices. However, downstream users' willingness to buy declined, resulting in sluggish market transactions.
DBP weekly capacity utilization rate was 37.28%.
As of the close on November 5, the weekly theoretical profit was 633 CNY/ton, an increase of 133 CNY/ton from last week, representing a 27% rise. The daily average theoretical profit was 758 CNY/ton, up by 207 CNY/ton compared to October 29.
High costs continue to provide support for prices.
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