SunSirs: The Domestic DBP Market Weakly Stabilized on December 11th
December 12 2024 16:15:09 SunSirs (John)
Price trend
On December 11th, the DBP market in Jiangsu region fluctuated and stabilized, with a quoted price of 8,000 RMB/ton. The DBP market in Shandong had fluctuated and stabilized, with a price of 7,900 RMB/ton, while in Zhejiang, the DBP market had fluctuated and stabilized, with a price of 8,100 RMB/ton.
Analysis review
On December 11th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and consolidated, the PA market 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, 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 7,900-8,200 RMB/ton. DBP prices had fluctuated and fallen, and there was still downward pressure on the DBP market. The upward momentum had weakened, and the DBP market was weakly stabilizing.
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