SunSirs: On July 19th, the Domestic DBP Market Temporarily Stabilized
July 20 2023 10:19:15 SunSirs (John)
Price trend
On July 19th, the DBP market in Jiangsu region stabilized with a quotation of 9,000 RMB/ton. The DBP market in Shandong region was stabilizing with a quotation of 8,850 RMB/ton, while the DBP market in Zhejiang region was stabilizing with a quotation of 9,100 RMB/ton.
Analysis review
On July 19th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and increased, while the market for PA and 2-EH fluctuated and increased. The cost of DBP raw materials also fluctuated and increased.
PVC prices fluctuated and rose, downstream demand remained stable, DBP enterprise equipment started operating steadily, DBP supply remained stable, DBP factory inventory accumulated, downstream customers had average purchasing enthusiasm, and transaction prices were based on negotiated prices. DBP prices ranged from 8,800 to 9,100 RMB/ton, and DBP prices were stabilizing.
Market outlook
The downward pressure on the future DBP market remains, and the upward momentum weakens. The future DBP market is stabilizing.
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- 2025-04-22 SunSirs: On April 21st, the Domestic DBP Market Experienced a Decline
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