Price trend
On May 17th, the DBP market in Jiangsu remained stable with a quotation of 9,250 RMB/ton. The DBP market in Shandong region was temporarily stable with a quotation of 9,150 RMB/ton, while the DBP market in Zhejiang region was stabilizing with a quotation of 9,300 RMB/ton.
Analysis review
On May 17th, the price of raw material n-butanol stabilized, the market of PA stabilized, the price of isooctanol stabilized, the cost of DBP raw materials stabilized DBP raw material costs were fluctuating and stabilizing. PVC prices fluctuated and adjusted, and downstream demand was average. DBP enterprise equipment started steadily, DBP supply was stable, and DBP factory inventory was accumulated. Downstream customers had average purchasing enthusiasm, and the transaction price was based on the negotiated price. The DBP price was 9,150-9,300 RMB/ton.
Market outlook
The DBP price has stabilized, and the downward pressure on the future DBP market has weakened, while the upward momentum still exists. The future DBP market will fluctuate and stabilize.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.