Phthalic anhydride DBP prices fall 100 RMB/ton in Henan and North China as operating rate hits 37%

1. Daily Summary

① Today, DBP prices in Henan and North China fell by 100 RMB/ton.

② Today, the domestic DBP operating rate was 37%.

2. Spot Market Overview

Table 1: Domestic DBP Industry Chain Price Summary (Unit: RMB/ton)

Based on the Henan region as a benchmark, today's DBP price closed at 11,000 RMB/ton, aligning with morning expectations. Today, domestic DBP market prices fluctuated weakly. It is reported that raw materials phthalic anhydride (PA) and n-butanol trended downward, yet their prices remained high. Consequently, high costs continued to support DBP prices. Downstream users purchased on dips driven by rigid demand, while traders operated cautiously. Market inquiries and transactions were sluggish.

3. Production Dynamics

Today, the domestic DBP capacity utilization rate was 37%. Prices of raw materials PA and n-butanol declined, resulting in a current profit margin for DBP products of approximately 642 RMB/ton.

4. Price Forecast

Currently, both raw materials are showing weakness with gradual declines, but overall prices remain at high levels. High costs continue to provide support. Downstream purchases are primarily driven by rigid demand on dips, while market inquiries and transactions have slowed. The DBP market is expected to continue fluctuating weakly in the near term.

5. Related Products

DOP Market: Today, DOP market prices fell. Trading has been lackluster over recent days. Mainstream suppliers began offering discounts to clear inventory, but buyer sentiment remained low. End-users had sufficient stock available, adopting a cautious attitude toward new orders, resulting in a flat trading atmosphere.

Table 2: Domestic DBP Data Overview (Unit: 10,000 tons, RMB/ton)