SunSirs: The Domestic DBP Market Is Stabilizing on January 2nd

Price trend

On January 2nd, the DBP market in Jiangsu region fluctuates and stabilizes, with a quoted price of 8,100 RMB/ton. The DBP market in Shandong region is stabilizing with a price of 8,000 RMB/ton, while in Zhejiang region, the DBP market is stabilizing with a price of 8,200 RMB/ton.

Market outlook

On January 2nd, the price of plasticizer DBP raw material n-butanol fluctuated and stabilizes, the PA market fluctuates and stabilizes, the price of 2-EH fluctuated and stabilizes, and the cost of DBP raw material stabilizes. PVC prices are fluctuating and consolidating, downstream demand is stable, DBP enterprise equipment production is stabilizing, and DBP supply is stable. DBP factory has accumulated inventory, and downstream customers have average purchasing enthusiasm. The transaction price is based on negotiated prices, with DBP prices ranging from 8,000-8,200 RMB/ton, and DBP prices were fluctuating and stabilizing. The downward pressure of DBP market still exists, the upward momentum weakens, and the DBP market tends to stabilize.

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