On January 16, Shandong Shengfeng Chemical Co., Ltd. quoted a price of 7,055 yuan/ton for dibutyl phthalate (DBP), with an increase of 100 yuan/ton. Actual transaction prices are subject to negotiation. PriceSeek analysis of DBP: Bullish-Bearish Score: 1. The spot price of DBP increased by 100 yuan/ton to 7,055 yuan/ton, indicating proactive price adjustments from the supply side. This may reflect rising raw material costs or short-term improvement in demand, constituting a moderate positive for the spot market. The price hike is expected to boost market optimism and push the actual transaction price upward. However, attention should be paid to potential discount risks due to negotiation-based transactions. Overall, the trend is relatively strong.