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SunSirs: On February 21st, the DBP Market in the Domestic Market Remained Temporarily Stable

February 22 2024 11:09:32     SunSirs (John)

Price trend

On February 21st, the DBP market in Jiangsu remained stable, with a quote of 9,700 RMB/ton. The DBP market in Shandong region was temporarily stable at a price of 9,600 RMB/ton, while the DBP market in Zhejiang region was temporarily stable at a price of 9,800 RMB/ton.

Analysis review

On February 21st, the price of plasticizer DBP raw material n-butanol stabilized, the market for PA stabilized, and the price of 2-EH stabilized. The cost of DBP raw materials temporarily stabilized. The price of PVC stabilized, downstream demand stabilized, DBP enterprise equipment started operating steadily, DBP supply stabilized, DBP factory inventory increased, and downstream customer procurement enthusiasm stabilized. The transaction price was based on the negotiated price, with DBP prices ranging from 9,600 to 9,800 RMB/ton and DBP prices temporarily stable, The downward pressure on the DBP market had weakened, and the upward momentum still existed. The DBP market was temporarily stable with fluctuations.

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