On February 4, Shandong Shengfeng Chemical Co., Ltd. quoted the price of dibutyl phthalate (DBP) at 7,905 yuan per ton, a decrease of 50 yuan per ton. PriceSeek analyzed DBP with a bullish-bearish score of -1. The article reported that the spot price of DBP fell by 50 yuan per ton to 7,905 yuan per ton, indicating a possible increase in market supply or weak demand, exerting a generally bearish pressure on spot prices. The score of -1 reflects a downward price trend, but the decline (approximately 0.63%) has not yet reached a significant bearish level. Subsequent supply and demand changes should be closely monitored.
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