Price trend
On March 19th, the DBP market in Jiangsu region stabilized, with a quoted price of 8,100 RMB/ton. The DBP market in Shandong region was stabilizing with a price of 8,000 RMB/ton, while in Zhejiang region, the DBP market was stabilizing with a price of 8,150 RMB/ton.
Analysis review
On March 19th, the price of plasticizer DBP raw material n-butanol fluctuated and stabilized, the PA market stabilized, the price of isooctanol stabilized, and the cost of DBP raw material stabilized. PVC prices were fluctuating and consolidating, downstream demand was stable, DBP enterprise equipment production was stabilizing, DBP supply was stable, and DBP factory inventory was accumulating. Downstream customers had average purchasing enthusiasm, and the transaction price was based on the negotiated price. The DBP price was 8,000-8,150 RMB/ton, and the DBP price was stabilizing. The downward pressure on the DBP market still existed, and the upward momentum has weakened, causing the DBP market to fluctuate and stabilize.
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