Price trend
On March 24th, the DBP market in Jiangsu remained stable, with a quoted price of 8,150 RMB/ton. The DBP market in Shandong region was temporarily stable, with a price of 8,050 RMB/ton, while in Zhejiang region, the DBP market was temporarily stable, with a price of 8,200 RMB/ton.
Analysis review
On March 24th, the price of plasticizer DBP raw material n-butanol fluctuated and stabilized, the PA market rose, the price of isooctanol fluctuated and rose, and the cost of DBP raw material increased. PVC prices were fluctuating and consolidating, downstream demand was stable, DBP enterprise equipment production was stabilizing, and DBP supply was stable. DBP factory has accumulated inventory, and downstream customers had average purchasing enthusiasm. The transaction price was based on negotiated prices, with DBP prices ranging from 8,050-8,200 RMB/ton, and DBP prices temporarily stable. The downward pressure on the DBP market was weak, and the upward momentum still existed. The DBP market was fluctuating and stabilizing.
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