Price trend

On July 16th, the DBP market in Jiangsu region stabilized, with a quoted price of 7,600 RMB/ton. The DBP market in Shandong region was stabilizing with a price of 7,500 RMB/ton, while in Zhejiang region, the DBP market was stabilizing with a price of 7,650 RMB/ton.

Analysis review

On July 16th, the price of plasticizer DBP raw material n-butanol fluctuated and consolidated, the phthalic anhydride market was consolidated, the isooctanol price was strong and consolidated, the cost support of DBP raw materials was weakened. The PVC price fluctuated and consolidated, downstream demand was weak, DBP enterprise equipment production was temporarily stable, DBP supply was sufficient, DBP factory inventory was low, downstream customers' purchasing enthusiasm was average, and transaction prices were based on negotiated prices. DBP prices fluctuated and consolidated, DBP market downward pressure weakened, upward momentum still existed, DBP market fluctuated and consolidated.

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