SunSirs: On August 2nd, the Domestic DBP Market Rose
August 03 2023 09:21:57     SunSirs (John)Price trend
On August 2nd, the DBP market in Jiangsu region rose with a quotation of 9,600 RMB/ton. The DBP market in Shandong region had risen with a quotation of 9,500 RMB/ton, while the DBP market in Zhejiang region had risen with a quotation of 9,800 RMB/ton.
Analysis review
On August 2nd, the price of plasticizer DBP raw material n-butanol fluctuated and increased, the market for PA fluctuated and increased, the price of 2-EH fluctuated and increased, the cost of DBP raw materials fluctuated and increased.
The price of PVC fluctuated and stabilized, and downstream demand was average. DBP enterprise equipment started low load, DBP supply was insufficient, DBP factory inventory was low, and downstream customers' purchasing enthusiasm was average. The transaction price was based on the negotiated price. DBP price was 9,500-9,800 RMB/ton, and DBP price increased.
Market outlook
The downward pressure on the DBP market has weakened, and the upward momentum has increased. In the future, the DBP market will rise.
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