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SunSirs: On September 5th, the Domestic DBP Market Temporarily Stabilized
September 06 2023 10:29:43SunSirs(John)

Price trend

On September 5th, the DBP market in Jiangsu remained stable with a quotation of 10,200 RMB/ton. The DBP market in Shandong region was temporarily stable with a quotation of 10,100 RMB/ton, while the DBP market in Zhejiang region was temporarily stable with a quotation of 10,300 RMB/ton.

Analysis review

On September 5th, 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 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 10,100 to 10,300 RMB/ton. DBP prices fluctuated and stabilized.

Market outlook

There is still downward pressure on the DBP market, and the upward momentum has weakened. The DBP market will temporarily stabilize in the future.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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