Production: The average operating rate this week was 35.73%.
Costs: Prices of n-butanol and phthalic anhydride rose consecutively, leading to a significant increase in production costs.
Chart of Mainstream Domestic DBP Price Trends (CNY/ton)
Data Source: Chempricehub Information
Weekly Change in Domestic DBP Market Prices
Unit: CNY/ton
| Region | This Week | Last Week | Change | % Change |
|---|---|---|---|---|
| Shandong | 11050 | 10750 | +300 | +2.79% |
| Henan | 10800 | 10300 | +500 | +4.85% |
| Hebei | 10900 | 10500 | +400 | +3.81% |
Data Source: Chempricehub Information
During this period, domestic DBP market prices fluctuated with an upward bias. The primary drivers were the continuous significant rise in phthalic anhydride prices combined with increasing n-butanol prices, which substantially amplified cost pressures for DBP. High costs pushed DBP market prices higher. However, wait-and-see sentiment among market participants increased, and downstream buyers operated cautiously based on essential demand only. While there was high enthusiasm for purchasing at lower price points earlier in the week, resistance to higher prices grew later in the week. Consequently, the pace of DBP price increases slowed down towards the weekend.
DBP weekly capacity utilization rate was 35.73%.
As of the close on October 29, the weekly theoretical profit stood at 500 CNY/ton, a decrease of 249 CNY/ton from the previous week, representing a 33% drop. The daily average theoretical profit was 551 CNY/ton, down by 132 CNY/ton compared to October 22.
Rapidly rising costs while demand remains limited to essential needs.
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