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SunSirs: The Domestic DBP Market is Undergoing Consolidation

November 16 2023 10:18:05     

On November 15th, the DBP market in Jiangsu region stabilized with a quotation of 9300 RMB/ton. The DBP market in Shandong region is stabilizing with a quotation of 9200 RMB/ton, while the DBP market in Zhejiang region is stabilizing with a quotation of 9400 RMB/ton.

On November 15th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and increased, the market for phthalic anhydride stabilized, the price of isooctanol stabilized, the cost of DBP raw materials stabilized, the price of PVC stabilized, and downstream demand was average. DBP enterprise equipment started low, DBP supply was insufficient, DBP factory inventory increased, and downstream customers had average purchasing enthusiasm. The transaction price was based on the negotiated price, with DBP prices ranging from 9200 to 9400 RMB/ton and DBP prices stabilizing, The downward pressure on the future DBP market has weakened, and there is still upward momentum. The future DBP market is fluctuating and consolidating.

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