Price trend

On May 24th, the DBP market in Jiangsu region stabilized with a quotation of 9,150 RMB/ton. The DBP market in Shandong region was stabilizing with a quotation of 9,000 RMB/ton, while the DBP market in Zhejiang region was stabilizing with a quotation of 9,250 RMB/ton.

Analysis review

On May 24th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and stabilized, the market for phthalic anhydride stabilized, the price of isooctanol stabilized, and the cost of DBP raw materials stabilized. PVC prices fluctuate and adjust. PVC prices fluctuate and adjust, and downstream demand was average. DBP enterprise equipment started steadily, DBP supply stabilized, and DBP factory inventory accumulated. Downstream customers had average purchasing enthusiasm, and the transaction price was based on the negotiated price. The DBP price was 9,100-9,200 RMB/ton, and the DBP price was stabilizing.

Market outlook

There is still downward pressure on the future DBP market, and the upward momentum is weakening. The future DBP market will fluctuate and stabilize.

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