DBP market prices remain stable at high levels

1. Daily Summary

① Today, domestic DBP prices in the Shandong region increased by 50 yuan/ton, and in the South China region increased by 100 yuan/ton.

② Today's domestic DBP operating rate was 38%.

2. Spot Market Overview

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

Data Source: Chempricehub Information

Taking the Henan region as the benchmark, today's DBP closed at 10,700–10,750 yuan/ton, consistent with morning expectations. Today, domestic DBP market prices fluctuated at high levels, with increased wait-and-see sentiment. Raw material phthalic anhydride prices continued to rise significantly, while n-butanol prices remained at high levels, strengthening cost support for DBP prices. Market supply of goods is limited, and downstream buyers are making opportunistic purchases based on rigid demand. Low-price offers have disappeared, shifting the price center towards higher levels.

3. Production Dynamics

Today's domestic DBP capacity utilization rate stood at 38%. With phthalic anhydride prices continuing to surge and n-butanol prices remaining high, the current profitability level for DBP products is approximately 451 yuan/ton.

4. Price Forecast

Currently, raw material markets remain at high levels, providing strong cost support for prices. Although market supply is limited, downstream purchasing is primarily driven by rigid demand seeking lower prices. Market inquiries and transactions have slowed down. It is expected that the DBP market will consolidate at high levels in the near term.

5. Related Products Status

DOP Market: Today, prices for raw materials octanol and phthalic anhydride continued to rise. DOP traders sold off inventory. In the afternoon, prices in the Shandong region were prioritized for upward adjustment, leading to improved buying interest in the East China region. Downstream end-users gradually replenished stocks based on rigid demand, improving overall market transaction activity.

Table 2: Domestic DBP Data Overview (Units: Ten thousand tons, Yuan/ton)

Data Source: Chempricehub Information
Remarks:

1. ↓↑ indicates significant fluctuations, highlighting data dimensions with change rates exceeding 3%.
2. ↗↘ indicates minor fluctuations, highlighting data dimensions with change rates within 0–3%.