Price trend
On June 7th, the DBP market in Jiangsu region stabilized with a quotation of 8,350 RMB/ton. The DBP market in Shandong region was stabilizing with a quotation of 8,300 RMB/ton, while the DBP market in Zhejiang region was stabilizing with a quotation of 8,500 RMB/ton.
Analysis review
On June 7th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and fell, the market for PA stabilized, the price of 2-EH fluctuated and fell, the cost of DBP raw materials decreased. PVC prices fluctuated and adjusted, downstream demand was average. DBP enterprise equipment started steadily, DBP supply stabilized, DBP factory inventory accumulated, and downstream customers had average purchasing enthusiasm. The transaction price was based on the negotiated price, with DBP prices ranging from 8,300 to 8,400 RMB/ton. DBP prices were weak and tended to stabilize.
Market outlook
In the future, there is still downward pressure on the DBP market, and the upward momentum is weakened. The DBP market is weak and stable in the future.
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