Price trend

On May 14, the SunSirs benchmark price for DBP stood at 9,135.00 RMB/ton, a decrease of 5.52% compared to the beginning of the month (9,668.33 RMB/ton).

On May 14, the DBP market in the Jiangsu region consolidated, with quotes standing at 9,000 RMB/ton. The DBP market in the Shandong region stabilized, with quotes at 8,900 RMB/ton, while the DBP market in the Zhejiang region consolidated, with quotes at 9,100 RMB/ton.

Market analysis

On May 14, the price of n-butanol—a key raw material for the plasticizer DBP—underwent weak consolidation, while the market for phthalic anhydride stabilized at a subdued level. Meanwhile, isooctanol prices declined, resulting in a reduction in the overall raw material costs for DBP production. PVC prices remained stable, and support from downstream demand persisted. Operating rates at DBP manufacturing facilities saw a slight decline, yet the overall supply of DBP remained steady. Factory inventories for DBP remained at low levels; however, downstream customers demonstrated only moderate enthusiasm for procurement. Transaction prices were determined through negotiation, with DBP prices ranging between 8,900 and 9,100 RMB/ton. While downward pressure on DBP prices remained present and upward momentum had weakened, the overall DBP market trended toward stability.

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