March 24th News: On March 24th, Shandong Shengfeng Chemical Co., Ltd. quoted a price of 10,305 yuan/ton for Dibutyl Phthalate (DBP), representing a decrease of 100 yuan/ton. Chempricehub's analysis of DBP indicates a bearish rating of -1. The DBP price quoted by Shandong Shengfeng Chemical has dropped by 100 yuan/ton to 10,305 yuan/ton, suggesting ample market supply or weak demand, exerting downward pressure on spot prices. This reflects insufficient short-term demand in the plasticizer industry, and it is anticipated that spot prices may face further pressure. Investors should monitor changes in inventory and downstream purchasing willingness.
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