On February 4, Kaifeng Jiuhong Chemical Co., Ltd. maintained normal operations for its DBP and DIBP production facilities, with a total annual capacity of 240,000 tons. The quoted price for DBP was 7,900 yuan per ton, including tax and ex-factory, representing a decrease of 50 yuan per ton. PriceSeek analysis for DBP: Bull-Bear Score: -1. The spot price of DBP fell by 50 yuan per ton to 7,900 yuan per ton, including tax and ex-factory, reflecting ample market supply or weakened downstream demand, which may lead to further pressure on spot prices. This decline of approximately 0.63% is considered a moderate bearish signal, potentially stemming from reduced costs of chemical raw materials or intensified industry competition. DIBP, Bull-Bear Score: 0. DIBP production facilities are operating normally, but there is no direct information on price changes, resulting in a neutral impact on spot prices. Normal operations indicate stable supply, but attention should be paid to the potential spillover effects of DBP-related developments on DIBP, as both are plasticizer products sharing raw materials and market conditions.
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