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DBP market prices are trending downward.

Published on 2026-09-22
  1. Daily Summary

① Today, domestic DBP market prices across all regions decreased by 50 RMB/ton.

② Today, the domestic DBP operating rate stood at 46%.

  1. Spot Market Overview

Table 1: Domestic DBP Industry Chain Price Summary (Unit: RMB/ton)

Product Market Previous Period Current Period Change Value Change Rate
DBP Shandong 10350 10300 -50 -0.48%
Henan 10250 10200 -50 -0.49%
North China 10300 10250 -50 -0.49%
South China 10400 10350 -50 -0.48%
Key Upstream Products
n-Butanol Shandong 8725 8700 -25 -0.29%
Naphthalene-based PA Hebei 9250 9000 -250 -2.70%
Data Source: Chempricehub Information

Using the Henan region as a benchmark, today's DBP price closed at 10,200–10,250 RMB/ton, consistent with morning expectations. The domestic DBP market continued its downward trend today, with the price center moving lower and market wait-and-see sentiment intensifying. It is reported that raw material prices have been continuously declining, weakening cost-side support. Downstream buyers are operating cautiously, resulting in sluggish inquiries and transactions, with trading centered around lower price levels.

  1. Production Dynamics

Today, the domestic DBP capacity utilization rate was 46%. The current profitability of DBP products stands at approximately 267 RMB/ton.

  1. Price Forecast

Currently, the sustained decline in raw material markets has weakened cost-side support for DBP prices. Downstream wait-and-see sentiment has intensified, with cautious operations and low willingness to take delivery. Market trading remains centered on lower price ranges. Consequently, the DBP market is expected to fluctuate within a weak range in the near term.

  1. Related Products Update

DOP Market: Today, as the price of raw material 2-EH declined, DOP market prices continued to fall. Low-price offers were frequently heard in the afternoon, with transactions occurring at the lower end of the market. A wait-and-see attitude persists among participants, and overall inquiries remain driven primarily by rigid demand.

Table 2: Domestic DBP Data Overview (Units: 10,000 tons, RMB/ton)

Indicator Release Time Previous Period Data Current Period Trend Forecast
Weekly Capacity Utilization Rate Thursday 17:00 46%
Weekly Output Thursday 17:00 0.88
Weekly Average Profit Thursday 17:00 -17
Data Source: Chempricehub Information Notes: 1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates narrow-range volatility, highlighting data dimensions with changes within 0–3%.

Comments

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  • Sarah Mitchell 2026-09-22 20:11
    DBP prices dropped 50 RMB/ton as capacity utilization hit just 46%. Weak feedstock costs and cautious downstream demand are squeezing margins to ~267 RMB/ton. I expect continued volatility with limited upside until buyer..
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