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SunSirs: On January 10th, the Domestic DBP Market Stabilized

January 11 2024 13:55:53     SunSirs (John)

Price trend

On January 10th, the DBP market in Jiangsu remained stable, with a quote of 9,800 RMB/ton. The DBP market in Shandong region was temporarily stable at a price of 9,700 RMB/ton, while the DBP market in Zhejiang region was temporarily stable at a price of 10,000 RMB/ton.

Analysis review

On January 10th, the price of plasticizer DBP raw material n-butanol stabilized, the market for PA stabilized, the price of 2-EH stabilized, the cost of DBP raw materials stabilized. The price of PVC stabilized, downstream demand stabilized, DBP enterprise equipment started to decline, DBP supply decreased, DBP factory inventory increased, and downstream customer purchasing enthusiasm stabilized. The transaction price was based on the negotiated price, with DBP prices ranging from 9,700 to 9,900 RMB/ton and DBP prices stabilized.

Market outlook

The downward pressure on the DBP market in the future weakens, and the upward momentum still exists. The DBP market is stabilizing.

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