Price trend

On August 12, the DBP market in Jiangsu Province weakenly adjusted, with the quoted price at 7,200 RMB/ton. The DBP market in Shandong Province stabilized from a weak position, with the quoted price at 7,100 RMB/ton. The DBP market in Zhejiang Province weakly consolidated, with the quoted price at 7,300 RMB/ton.

Analysis review

On August 12, the price of n-butanol, the raw material for plasticizer DBP, rebounded, the market of phthalic anhydride adjusted weakly, the price of isooctanol declined weakly, the cost support of DBP raw materials weakened. The price of PVC fluctuated and consolidated, downstream demand was weak, the production of DBP enterprise equipment was temporarily stable, the supply of DBP was sufficient, the inventory of DBP factory was low, the purchasing enthusiasm of downstream customers was average, the transaction price was based on the negotiated price, the DBP price was 7,100-7,250 RMB/ton. The DBP price consolidated weakly, the downward pressure on the DBP market still existed, the upward momentum weakened, and the DBP market consolidated weakly.

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