On May 12th, Kaifeng JiuHong Chemical Co., Ltd. reported normal operation of its DBP and DIBP production facilities, with a combined annual capacity of 240,000 tons. The company's DOTP price was quoted at 9,700 RMB/ton, down 100 RMB/ton from previous levels.

Chempricehub Analysis:
DBP – Bull/Bear Score: -1
Kaifeng JiuHong Chemical's DBP production units are operating normally. Meanwhile, the price of DOTP, a plasticizer in the same category, has been reduced by 100 RMB/ton. The weakening trend in similar product prices is expected to transmit to the DBP market, exerting downward pressure on spot prices and forming a generally bearish impact on the market.

DIBP – Bull/Bear Score: -1
Kaifeng JiuHong Chemical's DIBP production units are operating normally. With the same-category plasticizer DOTP experiencing a price cut, overall demand support for the plasticizer segment remains weak. Spot DIBP prices are expected to decline, leading to a generally bearish outlook.

DOTP – Bull/Bear Score: -1
Kaifeng JiuHong Chemical's DOTP price stands at 9,700 RMB/ton, down 100 RMB/ton from the previous quotation. The direct weakening of spot prices creates a generally bearish impact on the market.