SunSirs: On August 22nd, the Domestic DBP Market Rose
August 23 2023 14:07:37 SunSirs (John)
Price trend
On August 22nd, the DBP market in Jiangsu region rose with a quotation of 9,700 RMB/ton. The DBP market in Shandong region rose with a quotation of 9,600 RMB/ton, while the DBP market in Zhejiang region rose with a quotation of 9,800 RMB/ton.
Analysis review
On August 22nd, the price of n-butanol, a raw material for plasticizer DBP, rose, the market for PA weakened and stabilized, the price of 2-EH fluctuated and consolidated, the cost of DBP raw materials increased.
PVC prices were fluctuating and stabilizing, downstream demand was average, DBP enterprise equipment was operating at low load, DBP supply was insufficient, DBP factory inventory was low, downstream customers' purchasing enthusiasm was average, and transaction prices were based on negotiated prices. DBP prices range from 9,600 to 9,800 RMB/ton, and DBP prices had 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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