SunSirs: The Domestic DBP Market Was Adjusted Weakly on December 7
December 08 2022 10:57:58 SunSirs (John)
Price trend
On December 7, the DBP market in Jiangsu Province was adjusted with a price of 9,500 yuan/ton. The DBP market in Shandong has stabilized, with an offer of 9,400 yuan/ton, while the DBP market in Zhejiang has been adjusted for weakness, with an offer of 9,500 yuan/ton.
Analysis review
On December 7, the price of n-butanol as the raw material of plasticizer DBP stabilized, the market of PA fell in shock, the price of 2-EH was adjusted in shock, and the cost of DBP raw material decreased in weakness. PVC prices were adjusted by shocks, and downstream demand was weak. The equipment of DBP enterprises started steadily, the supply of DBP was stable, the inventory of DBP factories was average, and the purchasing enthusiasm of downstream customers was poor. The transaction price was subject to the negotiated price. The overall DBP price was 9,400-9,550 yuan/ton. The DBP price was adjusted weakly.
Market outlook
In the future, the downward pressure on the DBP market will increase, the upward momentum will weaken, and the weakness of the DBP market will be adjusted weakly.
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