Price trend
On October 18th, the DBP market in Jiangsu region experienced a weak consolidation, with a quotation of 9,900 RMB/ton. The DBP market in Shandong region was in weak consolidation with a quotation of 9,800 RMB/ton, while the DBP market in Zhejiang region was in weak consolidation with a quotation of 10,000 RMB/ton.
Analysis review
On October 18th, the price of n-butanol, the raw material for plasticizer DBP, fluctuated and fell, the market for PA fluctuated and adjusted, the price of 2-EH fluctuated and consolidated, the cost of DBP raw materials weakened and consolidated. The price of PVC stabilized, downstream demand was average, DBP enterprise equipment started stable, DBP supply was sufficient, DBP factory inventory increased, and downstream customers' purchasing enthusiasm was average. The transaction price was based on the negotiated price, and DBP price was 9,800-10,000 RMB/ton, while DBP price was weak and consolidated.
Market outlook
The downward pressure on the DBP market still exists, and the upward momentum weakens. In the future, the DBP market will be weak and consolidating.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.