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SunSirs: The Domestic DBP Market Experienced a Decline on January 9th

January 10 2025 13:58:05     SunSirs (John)

Price trend

On January 9th, the DBP market in Jiangsu fell, with a price of 8,300 RMB/ton. The DBP market in Shandong region had fallen, with a price of 8,100 RMB/ton, while in Zhejiang region, the DBP market had fallen, with a price of 8,400 RMB/ton.

Analysis review

On January 9th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and stabilized, while the PA market fluctuated and stabilized. The price of 2-EH fluctuated and fell, and the cost of DBP raw materials decreased. PVC prices fluctuated and consolidated, downstream demand remained stable, DBP enterprises' equipment production stabilized, DBP supply remained stable, DBP factory inventory accumulated, downstream customers' purchasing enthusiasm was average, and transaction prices were based on negotiated prices. DBP prices fluctuated and fell, with DBP prices ranging from 8,100-8,300 RMB/ton. DBP market pressure increased, and upward momentum still existed, causing DBP market to decline.

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