SunSirs: The Domestic DBP Market Was Stabilizing on March 17th

Price trend

On March 17th, the DBP market in Jiangsu remained stable, with a quoted price of 8,100 RMB/ton. The DBP market in Shandong region was temporarily stable, with a price of 8,050 RMB/ton, while in Zhejiang region, the DBP market was temporarily stable, with a price of 8,200 RMB/ton.

Market outlook

On March 17th, the price of plasticizer DBP raw material n-butanol fluctuated and stabilized, the PA market stabilized, the price of isooctanol stabilized, and the cost of DBP raw material stabilized. PVC prices were fluctuating and consolidating, downstream demand was stable, DBP enterprise equipment production was stabilizing, DBP supply was stable, DBP factory inventory was accumulating, downstream customers' purchasing enthusiasm was average, transaction prices were based on negotiated prices, DBP prices ranged from 8,050-8,200 RMB/ton, DBP prices were stabilizing, DBP market downward pressure still existed, upward momentum was weakening, DBP market volatility was stabilizing.

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