SunSirs: The Domestic DBP Market Stabilized on October 31st

https://www.chemnet.com   Nov 01,2024 SunSirs

Price trend

On October 31st, the DBP market in Jiangsu region stabilized, with a quoted price of 8,200 RMB/ton. The DBP market in Shandong region was stabilizing with a price of 8,100 RMB/ton, while in Zhejiang region, the DBP market was stabilizing with a price of 8,300 RMB/ton.

Analysis review

On October 31st, 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 also fluctuated and consolidated, and the cost of DBP raw materials fluctuated and consolidated. PVC prices were fluctuating and consolidating, downstream demand was stable, DBP enterprise equipment production was stabilizing, and DBP supply was stable. DBP factory had accumulated inventory, and downstream customers hadaverage purchasing enthusiasm. The transaction price was based on negotiated prices, with DBP prices ranging from 8,100-8,300 RMB/ton. DBP prices were fluctuating and stabilizing, but there was still downward pressure on the DBP market. The upward momentum was weakening, and the DBP market was weakly consolidating.

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