SunSirs: The Domestic DBP Market Experienced Strong Consolidation on November 26th

https://www.chemnet.com   Nov 27,2024 SunSirs

Price trend

On November 26th, the DBP market in Jiangsu region stabilized, with a quoted price of 8,400 RMB/ton. The DBP market in Shandong region was stabilizing with a price of 8,300 RMB/ton, while in Zhejiang region, the DBP market was stabilizing with a price of 8,500 RMB/ton.

Analysis review

On November 26th, the price of plasticizer DBP raw material n-butanol fluctuated and stabilized, the PA market stabilized, the price of 2-EH fluctuated and rose, and the cost of DBP raw material fluctuated and rose. 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 transaction prices were based on negotiated prices. DBP prices range from 8,300-8,500 RMB/ton. DBP prices were consolidating, and the downward pressure on the DBP market had weakened. The upward momentum still existed, and the DBP market was stabilizing.

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