Price trend

On February 8th, the DBP market in Jiangsu remained stable, with a quoted price of 8,400 RMB/ton. The DBP market in Shandong region was stabilizing with a price of 8,300 RMB/ton, while the DBP market in Zhejiang region was temporarily stable with a price of 8,500 RMB/ton..

Analysis review

On February 8th, the price of n-butanol, the raw material for plasticizer DBP, fluctuated and stabilized, the PA market temporarily stabilized, the price of 2-EH stabilized, and the cost of DBP raw materials stabilized. PVC prices were fluctuating and consolidating, downstream demand was stable, DBP enterprise equipment production was stabilizing, DBP supply was stable, DBP factory inventory was accumulating, downstream customers had average purchasing enthusiasm, and transaction prices were subject to negotiated prices. DBP prices ranged from 8,300-8,500 RMB/ton, and DBP prices were stabilizing. The downward pressure on the DBP market has weakened, but the upward momentum still existed, and the DBP market was stabilizing.

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