Price trend

On September 13th, the DBP market in Jiangsu region rose with a quotation of 10,500 RMB/ton. The DBP market in Shandong region was on the rise, with a quotation of 10,400 RMB/ton. The DBP market in Zhejiang region was strong and temporarily stable, with a quotation of 10,600 RMB/ton.

Analysis review

On September 13th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and stabilized. The market for PA stabilized, while the price of 2-EH fluctuated and fell. The cost of DBP raw materials was adjusted weakly.

The price of PVC stabilized. Downstream demand was average. DBP enterprises had low equipment start-up load, supply of DBP was insufficient, the inventory in DBP factories was low, and procurement from downstream customers was active. The transaction price was based on the negotiated price, with DBP prices ranging from 10,300 to 10,600 RMB/ton. DBP prices strongly stabilized.

Market outlook

There was still downward pressure on the DBP market, and the upward momentum was increasing. In the future, the DBP market will make a strong adjustment.

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