Price trend
On October 10th, the DBP market in Jiangsu remained weak and stable, with a quotation of 10,200 RMB/ton. The DBP market in Shandong region was weak and temporarily stable, with a quotation of 10,100 RMB/ton. The DBP market in Zhejiang region was weak and temporarily stable, with a quotation of 10,300 RMB/ton.
Analysis review
On October 10th, the price of n-butanol, the raw material of plasticizer DBP, fluctuated and stabilized. The market for PA fluctuated and fell, while the price of 2-EH fluctuated and stabilized. The cost of DBP raw materials fluctuated and stabilized, while the price of PVC fluctuated. Downstream demand was average. DBP enterprises had low equipment starts, insufficient supply of DBP, low inventory in DBP factories, and active procurement from downstream customers. The transaction price was based on the negotiated price, with DBP prices ranging from 10,100 to 10,300 RMB/ton, and DBP prices stabilized.
Market outlook
The downward pressure on the DBP market still existed, and the upward momentum weakened. In the future, the DBP market will be weak and consolidated.
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