SunSirs: The Domestic DBP Market Stabilized on October 23rd

https://www.chemnet.com   Oct 24,2024 SunSirs

Price trend

On October 23rd, the DBP market in Jiangsu region stabilized, with a quoted price of 8,300 RMB/ton. The DBP market in Shandong region was stabilizing with a price of 8,200 RMB/ton, while in Zhejiang region, the DBP market was stabilizing with a price of 8,400 RMB/ton.

Analysis review

On October 23rd, the price of n-butanol, a raw material for plasticizer DBP, fluctuated and consolidated, while the price of PA fell weakly. The price of 2-EH remained strong and consolidated, and the cost of DBP raw materials remained strong and consolidated. PVC prices were fluctuating and consolidating, downstream demand was stable, DBP enterprise equipment production was stabilizing, and DBP supply was stable. The DBP factory had accumulated inventory, and downstream customers had average purchasing enthusiasm. The transaction price was based on negotiated prices, with DBP prices ranging from 8,150-8,300 RMB/ton. DBP prices were strongly consolidating, and the downward pressure on the DBP market had weakened. The upward momentum still existed, and the DBP market ws strongly consolidating.

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