DBP Market Prices Experience Volatile Adjustments

1. Daily Summary

① Today, the domestic DBP price in Henan was lowered by 50 yuan/ton, while prices in other regions remained stable.

② The domestic DBP operating rate today is 40%.

2. Spot Market Overview

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

Based on the Henan region, today's DBP closed at 10,400–10,400 yuan/ton, consistent with morning expectations. Today, domestic DBP market prices fluctuated and adjusted, with increased wait-and-see sentiment. High-end offers decreased, while raw material prices for naphthalene-based phthalic anhydride (PA) and n-butanol showed weak downward trends. DBP operating rates remain low, limiting supply from production sources. Downstream buyers maintain rigid demand purchasing on dips, leading to cautious overall market operations.

3. Production Dynamics

Today, the domestic DBP capacity utilization rate stands at 40%. The current profitability level for DBP products is approximately 717 yuan/ton.

4. Price Forecast

Currently, high costs provide strong support for prices. Although a slight increase in supply is expected later, downstream buyers show some resistance to high prices. Market inquiries and transactions are sluggish, suggesting that the DBP market will likely consolidate and fluctuate sideways in the near term.

5. Related Products

DOP Market: Today, despite rising raw material octanol prices, the DOP market remained stable as cost support failed to effectively pass through to downstream sectors. Buying interest within the market is weak, negotiation atmosphere is quiet, and overall transaction volumes remain flat.

Table 2: Domestic DBP Data Overview (Unit: 10,000 tons, Yuan/ton)