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Jiuhong Chemical February 13 Dibutyl Phthalic Anhydride Quotation

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Crude Oil:

2/12 close: OPEC's January production cuts were significant, coupled with Saudi Arabia's indication that it would continue to cut production, international oil prices rebounded. WTI53.10 up $0.69/barrel; Brent 62.42 up $0.91/barrel. China's SC main 1903 rose 0.6 to 428.5 yuan/barrel.


Futures weak shock mainly, and the terminal plastic weaving plant has not yet resumed, the spot market is weak. Downstream raw material reserves are sufficient, refineries make profits to ship the intention is obvious, Shandong propylene market mainstream turnover of 7800-7850 yuan/ton, downstream overall demand enthusiasm is weak.


Yesterday, the domestic butanol steady small rise, East China local low prices decreased. Market trading improved, downstream low-level willingness to fill positions is still good, butanol plant inventory gradually downward shift. Shandong Lihuayi Butyl Octanol Plant is operating normally. Today, n-butanol is subject to 6900 yuan/ton self-extraction. Luxi Chemical Co., Ltd. today set a pricing price of 6800 yuan/ton leaving the factory, with high load and low inventory. Yankuang butanol plant has a high load, and n-butanol is not quoted for the time being. It is mainly used for downstream butyl acetate for its own use and sold out.

Phthalic anhydride:

Affected by the pre-holiday factory clearance, the overall inventory pressure of the phthalic anhydride industry is controllable, and the phthalic anhydride factory maintains the pre-holiday offer. Industrial naphthalene increased by 100-200 yuan/ton compared with last week, East China adjacent law 7000-7100 yuan/ton factory, North China and Shandong adjacent law 7000-7100 yuan/ton factory, naphthalene mainstream increase of 100 yuan/ton, the implementation of 6700-6800 yuan/ton factory.


The company's annual production capacity of 180000 tons of DBP plant production is normal, the annual production capacity of 40000 tons of adjacent naphthalene mixed legal phthalic anhydride production is normal, all for their own use. Due to the general shortage of downstream customers years ago, and the stability of raw material prices, downstream customers inquiry procurement enthusiasm is not reduced, DBP factory price sentiment is obvious, the recent DBP or continue to stabilize the trend. Today, DBP of the company implements 8100 yuan/ton, one for one price, limited sales.

Warm Tip: As customers will collect the goods after the year, please inform our business personnel three days in advance if there is a delivery plan. We will arrange the delivery. Thank you for your understanding and support.