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SunSirs: On April 19th, the Domestic Market DBP Market Stabilized
April 20 2023 13:25:40SunSirs(John)

Price trend

On April 19th, the DBP market in Jiangsu remained stable with a quotation of 9,350 RMB/ton. The DBP market in Shandong region was temporarily stable with a quotation of 9,300 RMB/ton, while the DBP market in Zhejiang region was temporarily stable with a quotation of 9,500 RMB/ton.

Analysis review

On April 19th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and stabilized, the market for PA fluctuated and stabilized, the price of 2-EH fluctuated and stabilized, and the cost of DBP raw materials fluctuated and stabilized.

PVC prices fluctuated and adjusted, with average downstream demand. DBP enterprise had stable equipment operation and stable DBP supply. The DBP factory had accumulated inventory, and downstream customers had average purchasing enthusiasm. The transaction price was based on the negotiated price, with DBP prices ranging from 9,200 to 9,400 RMB/ton.

Market outlook

The price of DBP has stabilized, and the downward pressure on the DBP market has weakened, and the upward momentum still exists. The future DBP market is temporarily stable.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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