On February 10, Shandong Shengfeng Chemical Co., Ltd. quoted the price of dibutyl phthalate (DBP) at 7,755 yuan per ton, a decrease of 50 yuan per ton. PriceSeek's analysis of DBP indicates a bearish score of -1. The spot price of DBP fell by 50 yuan per ton, a decline of approximately 0.64%, reflecting oversupply or weak demand in the market, which generally exerts bearish pressure on spot prices. In the short term, prices may continue to face downward pressure, and attention should be paid to changes in upstream raw material costs, such as phthalic anhydride.
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