Price trend
On August 16th, the DBP market in Jiangsu region rose with a quotation of 9,600 RMB/ton. The DBP market in Shandong region rose with a quotation of 9,500 RMB/ton, while the DBP market in Zhejiang region rose with a quotation of 9,700 RMB/ton.
Analysis review
On August 16th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and stabilized, the market for PA stabilized, the price of 2-EH stabilized, the cost of DBP raw materials stabilized.
The price of PVC fluctuated and stabilized. Downstream demand was average, DBP enterprises had low equipment start-up load, DBP supply was insufficient, DBP factories had low inventory, and downstream customers had average purchasing enthusiasm. The transaction price was based on the negotiated price, with DBP prices ranging from 9,500 to 9,700 RMB/ton and DBP prices rose.
Market outlook
The downward pressure on the DBP market has weakened, and the upward momentum still exists. In the future, the DBP market will strongly stabilize.
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