SunSirs: The Domestic DBP Market Stabilized on November 6th
November 07 2024 15:05:13 SunSirs (John)
Price trend
On November 6th, the DBP market in Jiangsu remained stable, with a quoted price of 8,300 RMB/ton. The DBP market in Shandong region was stabilizing with a price of 8,200 RMB/ton, while the DBP market in Zhejiang region was temporarily stable with a price of 8,400 RMB/ton.
Analysis review
On November 6th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated upward, while the price of PA fell weakly. The price of 2-EH fluctuated upward, and the cost of DBP raw materials fluctuated upward. 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 ranged from 8,200-8,400 RMB/ton, and the DBP price had increased. The downward pressure on the DBP market still existed, and the upward momentum had increased, leading to a strong stabilization of the DBP market.
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