Price trend

On May 21st, the DBP market in Jiangsu Province experienced a decline, with a quoted price of 7,900 RMB/ton. The DBP market in Shandong region had fallen, with a price of 7,800 RMB/ton, while in Zhejiang region, the DBP market had fallen, with a price of 8,000 RMB/ton.

Analysis review

On May 21st, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and consolidated, while the PA market stabilized. The price of isooctanol fell, and the cost of DBP raw materials stabilized. PVC prices were fluctuating and consolidating, downstream demand was weak, DBP equipment production was stable, DBP supply was stable, and DBP factory inventory was accumulating. Downstream customers had average purchasing enthusiasm, and the transaction price was based on the negotiated price. The DBP price was 7,800-8,000 RMB/ton, and the DBP price decreased. The downward pressure on the DBP market had increased, and the upward momentum still existed. The DBP market was weakly stabilizing.

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