February 10th News — On February 10th, Shandong Shengfeng Chemical Co., Ltd. implemented a quoted price of 7,755 yuan per ton for dibutyl phthalate (DBP), representing a decrease of 50 yuan per ton. Chempricehub’s analysis of DBP indicates a bearish rating of -1. The spot price of DBP has dropped by 50 yuan per ton, a decline of approximately 0.64%, reflecting oversupply or weak demand in the market, which generally exerts bearish pressure on spot prices. In the short term, prices may continue to face downward pressure, and attention should be paid to changes in upstream raw material costs, such as phthalic anhydride.