SunSirs: The Domestic DBP Market Stabilized on January 15th

Price trend

On January 15th, the DBP market in Jiangsu remained stable, with a quoted price of 8,300 RMB/ton. The DBP market in Shandong region was temporarily stable, with a price of 8,200 RMB/ton, while in Zhejiang region, the DBP market was temporarily stable, with a price of 8,400 RMB/ton.

Analysis review

On January 15th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and consolidated, the PA market fluctuated and rose, the price of 2-EH fluctuated and stabilized, and the cost of DBP raw materials remained strong and stable. 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 hadaverage purchasing enthusiasm, and the transaction price was based on the negotiated price. The DBP price ranges from 8,200-8,400 RMB/ton, and the DBP price fluctuates and stabilizes. The downward pressure on the DBP market weakened, but the upward momentum still existed, and the DBP market was stabilizing.

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