SunSirs: On December 4th, the Domestic DBP Market Rose
December 05 2023 13:58:38 SunSirs (John)
Price trend
On December 4th, the DBP market in Jiangsu region rose with a quote of 9,500 RMB/ton. The DBP market in Shandong region was on the rise, with a price of 9,400 RMB/ton, while the DBP market in Zhejiang region was on the rise, with a price of 9,600 RMB/ton.
Analysis review
On December 4th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and rose, while the market for PA fluctuated and stabilized, the price of 2-EH also fluctuated and rose, leading to an increase in the cost of DBP raw materials. PVC prices were consolidating, downstream demand was average, DBP enterprise equipment operating rate had increased, DBP supply was stable, DBP factory inventory had increased, downstream customer purchasing enthusiasm had rebounded, transaction prices were based on negotiated prices, DBP prices were 9,400-9,600 RMB/ton, DBP prices had increased.
Market outlook
In the future, there is still downward pressure on the DBP market, and the upward momentum is increasing. The DBP market will rise in the future.
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- 2024-02-22 SunSirs: On February 21st, the DBP Market in the Domestic Market Remained Temporarily Stable
- 2024-02-20 SunSirs: Costs Rose, Supply Increased, and DBP Prices Weakly Consolidated
- 2024-02-19 SunSirs: On February 18th, the Domestic DBP Market Was Temporarily Stable
- 2024-02-06 SunSirs: Cost Supported, DBP Prices Were Consolidating at High Levels in January
- 2024-01-19 SunSirs: On January 18th, the Domestic DBP Market Stabilized
