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SunSirs: The Domestic DBP Market Rose on November 23
November 24 2022 13:21:39SunSirs(John)

Price trend

On November 23, the DBP market in Jiangsu rose, offering 9,800 RMB/ton. The DBP market in Shandong was strong and stable, offering 9,600 RMB/ton, and the DBP market in Zhejiang was rising, offering 9,900 RMB/ton.

Analysis review

On November 23, the price of n-butanol, the raw material of plasticizer DBP, dropped, the market of PA fell, the price of 2-EH rose in shock, the cost of DBP raw materials stabilized strongly. PVC price was adjusted by shock, downstream demand was stable, DBP enterprise equipment started stably, DBP supply was stable, DBP factory inventory was average, downstream customers' purchasing enthusiasm was improved, and the transaction price was subject to the negotiated price. The overall DBP price was 9,600-9,900 RMB/ton. The DBP price was adjusted strongly.

 Market outlook

The downward pressure on the DBP market was weakened, and the upward momentum was increased. The DBP market will be adjusted strongly in the future.

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