April 23 News – On April 23, Kaifeng Jiuhong Chemical Co., Ltd. reported normal operation of its DBP and DIBP production facilities, with a total annual capacity of 240,000 tons. The DBP quotation was 9,500 RMB/ton, down 100 RMB/ton.

Chempricehub Analysis of DBP:
Bull-Bear Score: -1
The DBP spot price dropped by 100 RMB/ton to 9,500 RMB/ton, indicating ample market supply (normal plant operation) but potentially weak demand, exerting a generally bearish impact on spot prices. The price decline reflects increased short-term sales pressure, and the company's downward adjustment in quotations may lead to further weakening in the spot market.

DIBP:
Bull-Bear Score: 0
As a related product of the company, DIBP's production facilities are operating normally, but no specific price change information is available. There is no clear bearish or bullish signal, resulting in a neutral impact on spot prices. While stable supply from the 240,000-ton annual capacity is noted, the lack of price data prevents a significant trend assessment.