April 1st News
On April 1st, the total annual production capacity of DBP and DIBP at Kaifeng Jiuhong Chemical Co., Ltd. is 240,000 tons, with equipment operating normally. The DOTP quotation is 10,500 yuan/ton, down by 100 yuan/ton.
Chempricehub Analysis of DOTP, Bull-Bear Score: -1
The DOTP quotation fell by 100 yuan/ton to 10,500 yuan/ton, indicating weak market demand or oversupply, which generally exerts bearish pressure on spot prices. This may reflect insufficient downstream demand or increased inventory pressure.
DBP, Bull-Bear Score: -0.5
Equipment is operating normally, ensuring stable supply. However, influenced by the price decline of the related product DOTP, the overall plasticizer market is under pressure, exerting a slight negative impact on spot prices and suggesting a potential weakening in demand.
DIBP, Bull-Bear Score: -0.5
Equipment is operating normally, ensuring ample supply. Combined with the decline in DOTP quotations, this indicates overall market weakness, exerting a slight bearish impact on spot prices. Subsequent demand changes should be closely monitored.
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