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SunSirs: The Domestic DBP Market Was Weak and Temporarily Stable on December 3rd

December 04 2024 15:05:09     SunSirs (John)

Price trend

On December 3rd, the DBP market in Jiangsu Province was weakly consolidated, with a quoted price of 8,100 RMB/ton. The DBP market in Shandong region was weakly consolidating, with a price of 8,000 RMB/ton, while in Zhejiang region, the DBP market was weakly consolidating, with a price of 8,200 RMB/ton.

Analysis review

On December 3rd, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and fell, the price of PA fluctuated and fell, the price of 2-EH fluctuated and fell, and the cost of DBP raw materials decreased. 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 8,000 to 8,300 RMB/ton, with weak consolidation in DBP prices. The downward pressure on the DBP market still existed, and the upward momentum had weakened, resulting in a weak consolidation of the DBP market.

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