SunSirs: On February 18th, the Domestic DBP Market Was Temporarily Stable

https://www.chemnet.com   Feb 19,2024 SunSirs

　　Price trend

　　On February 18th, the DBP market in Jiangsu remained stable, with a quote of 9,700 RMB/ton. The DBP market in Shandong region was temporarily stable at a price of 9,600 RMB/ton, while the DBP market in Zhejiang region was temporarily stable at a price of 9,800 RMB/ton.

　　Analysis review

　　On February 18th, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and adjusted, and the market for PA stabilized. The price of 2-EH also fluctuated and adjusted, and the cost of DBP raw materials stabilized. PVC prices were stabilizing, downstream demand was stabe, DBP enterprise equipment production was stabilizing, DBP supply was stabilizing, DBP factory inventory was increasing, downstream customer purchasing enthusiasm was stable, transaction prices were based on negotiated prices, DBP prices were 9,600-9,800 RMB/ton, DBP prices were weakly adjusted.

　　Market outlook

　　The downward pressure on the DBP market has weakened, and the upward momentum still exists. The DBP market is volatile and consolidating.

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