January 13th News
On January 13th, Zhejiang Hongbo New Material Technology Co., Ltd. operated its 50,000-ton plasticizer production equipment at a low load. The ex-factory price of DBP was quoted at 7,100 yuan/ton, an increase of 100 yuan/ton. Chempricehub analyzed DBP, with a long-short score of 1. The ex-factory price of DBP rose by 100 yuan/ton, indicating tight supply in the spot market. The low load of production equipment further reduced supply, and it is expected that spot prices will rise. This is a generally positive event, as the price increase directly reflects stronger demand or supply shortages, which may drive sustained upward movement in spot prices.
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