SunSirs: The Domestic DBP Market Stabilized on November 11th
November 12 2024 10:42:58 SunSirs (John)
Price trend
On November 11th, 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 11th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and stabilized, the PA market weakened and stabilized, the price of 2-EH fluctuated and stabilized, and the cost of DBP raw materials fluctuated and stabilized. PVC prices were fluctuating and consolidating, downstream demand was stable, DBP enterprise equipment production was stabilizing, and DBP supply was stable. DBP factory had accumulated inventory, and downstream customers had average purchasing enthusiasm. The transaction price was based on negotiated prices, with DBP prices ranging from 8,200-8,400 RMB/ton, and DBP prices stabilizing. The downward pressure of DBP market still existed, the upward momentum weakened, and the DBP market was weakly stabilizing.
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