SunSirs: The Domestic DBP Market stabilized on October 10th

https://www.chemnet.com   Oct 11,2024 SunSirs

Price trend

On October 10th, the DBP market in Jiangsu remained stable, with a quoted price of 8,450 RMB/ton. The DBP market in Shandong region was temporarily stable, with a price of 8,300 RMB/ton, while in Zhejiang region, the DBP market was temporarily stable, with a price of 8,650 RMB/ton.

Analysis review

On October 10th, the price of plasticizer DBP raw material n-butanol fluctuated and stabilized, the PA market fluctuated and stabilized, the price of 2-EH fell, and the cost of DBP raw material decreased. PVC prices fluctuated and consolidated, downstream demand remained stable, DBP equipment production in enterprises was stabilizing, DBP supply was stable, DBP factory inventory was accumulating, downstream customers had average purchasing enthusiasm, and the transaction price was based on negotiated prices. DBP prices ranged from 8,350-8,600 RMB/ton and DBP prices were stabilizing. The downward pressure on the DBP market had increased, the upward momentum had weakened, and the DBP market had stabilized.

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