Price trend
On July 3rd, the DBP market in Jiangsu region stabilized with a quotation of 8,600 RMB/ton. The DBP market in Shandong region was stabilizing with a quotation of 8,500 RMB/ton, while the DBP market in Zhejiang region was stabilizing with a quotation of 8,700 RMB/ton.
Analysis review
On July 3rd, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and stabilized. The market for PA fluctuated and stabilized, while the price of 2-EH fluctuated and increased. The cost of DBP raw materials stabilized strongly. PVC prices fluctuated and adjusted, downstream demand was average.
The equipment operating rate of DBP enterprises was stable, the supply of DBP was stable, and the inventory of DBP factories was accumulated. Downstream customers had average purchasing enthusiasm, and the transaction price was based on the negotiated price. The DBP price was 8,500-8,700 RMB/ton, and the DBP price was stabilizing.
Market outlook
The downward pressure on the future DBP market has weakened, and the upward momentum remains. The future DBP market is stabilizing.
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