SunSirs: The DBP Market in China Was Weak and Consolidating on December 23rd

Price trend

On December 23rd, the DBP market in Jiangsu Province fluctuated and consolidated, 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 23rd, 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, and DBP factory inventory was accumulating. Downstream customers had average purchasing enthusiasm, and the transaction price was based on the negotiated price, with DBP prices ranging from 7,900-8,100 RMB/ton. DBP prices were fluctuating and stabilizing, and there was still downward pressure on the DBP market. The upward momentum was weakening, and the DBP market was stabilizing.

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