DBP Market Prices Remain Flat in Consolidation (September 20, 2026)

1. Daily Summary

① Today, the domestic DBP market prices in Hebei and Henan regions decreased by 50 yuan/ton.

② Today's domestic DBP operating rate is 46%.

2. Spot Market Overview

Table 1: Domestic DBP Industry Chain Price Summary (Unit: Yuan/Ton)

Based on the Henan region as the benchmark, today's DBP closed at 10,300–10,350 yuan/ton, consistent with morning expectations. Today, the domestic DBP market operated with weak fluctuations. Market wait-and-see sentiment intensified. It is reported that while raw material n-butanol prices remained stable at high levels, phthalic anhydride prices continued to decline. Consequently, after a slight decrease in DBP production costs, the cost support for its price weakened slightly. Downstream users maintained rigid demand procurement but operated cautiously. High-priced offers decreased, and trading activity centered primarily around lower price points.

3. Production Dynamics

Today, the domestic DBP capacity utilization rate stands at 46%. The current profitability level of DBP products is approximately 160 yuan/ton.

4. Price Forecast

Currently, the raw material market is experiencing weak fluctuations, leading to a gradual decline in cost-side support for DBP prices. Meanwhile, downstream users are resistant to higher prices, and wait-and-see sentiment has intensified. Market trading performance is average, with the focus shifting toward lower price ranges. Therefore, the DBP market is expected to continue fluctuating weakly in the near future.

5. Related Products Status

DOP Market: Today, raw material octanol prices declined, causing DOP market prices to fall further. Inquiry activity was relatively sluggish, and some transactions still had room for negotiation. Currently, merchants within the market hold bearish sentiments regarding the raw material market, and transaction volumes were average.

Table 2: Domestic DBP Data Overview (Unit: 10,000 tons, Yuan/Ton)