Price trend
On October 25th, the DBP market in Jiangsu region stabilized with a quotation of 9,400 RMB/ton. The DBP market in Shandong region was stabilizing with a quotation of 9,300 RMB/ton, while the DBP market in Zhejiang region was stabilizing with a quotation of 9,500 RMB/ton.
Analysis review
On October 25th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and fell, the market for PA fluctuated and fell, the price of 2-EH fluctuated and fell. The cost of DBP raw materials decreased, PVC prices stabilized, and 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. DBP prices were 9,300 to 9,500 RMB/ton, and DBP prices fell weakly.
Market outlook
The downward pressure on the future DBP market is significant, and the upward momentum still exists. The future DBP market is volatile and consolidating.
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