January 28th Update
On January 28th, Kaifeng Jiuhong Chemical Co., Ltd. maintained normal operations for its DBP and DIBP production facilities, with a combined annual capacity of 240,000 tons. The quoted price for DBP was 7,900 RMB/ton, inclusive of tax and ex-factory, marking an increase of 100 RMB/ton.
Chempricehub Analysis:
**DBP** – Bull-Bear Score: 1.5
The DBP price rose by 100 RMB/ton to 7,900 RMB/ton (tax-inclusive, ex-factory), with normal facility operations, reflecting strengthened market demand or cost-driven factors, which significantly benefit spot prices. The price increase may stem from recovering downstream demand or rising raw material costs, supporting a short-term strengthening of the spot market.
**DIBP** – Bull-Bear Score: 0
DIBP facilities are operating normally, but there is no specific information on price changes. As a related product to DBP, current supply and demand remain stable, exerting a neutral impact on spot prices. Subsequent market dynamics, such as demand linkages or capacity adjustments, should be monitored for potential fluctuations.