Price trend

On July 29, the benchmark price for DBP was 8,918.33 RMB/ton, an increase of 9.18% compared to the beginning of the month (8,168.33 RMB/ton).

On July 29, the DBP market in the Jiangsu region stabilized, with quotes at 8,850 yuan/ton. The DBP market in the Shandong region also stabilized, with quotes at 8,800 yuan/ton, while the market in the Zhejiang region remained steady, with quotes at 9,000 yuan/ton.

Market analysis

On July 29, the price of n-butanol—a raw material for the plasticizer DBP—remained stable, while market trends for phthalic anhydride and 2-ethylhexanol also held steady, stabilizing raw material costs for DBP. Although PVC prices underwent consolidation, downstream demand support persisted. Operating rates at DBP production facilities saw a slight decline; supply remained ample while factory inventories stayed low. Downstream purchasing enthusiasm was moderate, with transaction prices determined through negotiation. DBP prices ranged from 8,800 to 9,000 yuan per tonne and remained stable; while downward pressure on the market persisted and upward momentum weakened, the overall DBP market trend held steady.

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