SunSirs: The Domestic DBP Market Stabilized on August 7th

https://www.chemnet.com   Aug 08,2024 SunSirs

Price trend

On August 7th, the DBP market in Jiangsu remained stable, with a quoted price of 8,800 RMB/ton. The DBP market in Shandong region was temporarily stable, with a price of 8,700 RMB/ton, while in Zhejiang region, the DBP market was temporarily stable, with a price of 8,900 RMB/ton.

Analysis review

On August 7th, the price of plasticizer DBP raw material n-butanol fluctuated and fell, the PA market fluctuated and stabilized, the price of 2-EH fluctuated and fell, and the cost of DBP raw material weakly decreased. PVC prices were stabilizing, and downstream demand was stable. DBP enterprise equipment production was stabilizing, DBP supply was stable, DBP factory inventory was accumulating, downstream customers have average purchasing enthusiasm, and transaction prices were based on negotiated prices. DBP prices range from 8,700 to 8,900 RMB/ton, with weak consolidation in DBP prices. The downward pressure on DBP market still existed, and the upward momentum weakened, resulting in weak consolidation in DBP market.

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