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On February 9, Zhejiang Hongbo New Materials Technology Co., Ltd. operated its 50,000-ton plasticizer production equipment at a low load, with the DBP ex-factory price quoted at 7,900 yuan/ton, a decrease of 100 yuan/ton. PriceSeek's analysis of DBP shows a bearish score of -1. The DBP ex-factory price dropped by 100 yuan/ton to 7,900 yuan/ton, indicating market oversupply or weak demand. The low load operation of production equipment further reflects a decline in industry prosperity, exerting downward pressure on spot prices and creating a bearish outlook for the DBP market.
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