SunSirs: On May 10th, the Domestic DBP Market Declined

https://www.chemnet.com   May 11,2023 SunSirs

　　Price trend

　　On May 10th, the DBP market in Jiangsu fell, with a quotation of 9,200 RMB/ton. The DBP market in Shandong region fell with a quotation of 9,100 RMB/ton, while the DBP market in Zhejiang region fell with a quotation of 9,300 RMB/ton.

　　Analysis review

　　On May 10th, the prices of n-butanol, a raw material for plasticizer DBP, fluctuated and fell, while the prices of phthalic anhydride and isooctanol fluctuated and fell. The cost of DBP raw materials fell. PVC prices fluctuated and adjusted, downstream demand was average.

　　DBP enterprise equipment started steadily, DBP supply was stable, DBP factory inventory was accumulated, and downstream customers' purchasing enthusiasm was average. The transaction price was based on the negotiated price, with DBP prices ranging from 9,100 to 9,300 RMB/ton.

　　Market outlook

　　DBP prices have fallen, increasing downward pressure on the DBP market and weakening upward momentum. The DBP market will decline in the future.

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