DBP Market Prices Show Weak Volatility (September 18, 2026)

1. Daily Summary

① Today, domestic DBP prices in Shandong decreased by RMB 100/ton, while those in Henan fell by RMB 50/ton.
② The current operating rate for domestic DBP is 46%.

2. Spot Market Overview

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

Based on the Henan region as a benchmark, today's DBP closed at RMB 10,300–10,400/ton, consistent with morning expectations. The domestic DBP market operated with weak fluctuations today. Reports indicate that feedstock n-butanol prices remained stable at high levels, while phthalic anhydride (PA) prices declined. Consequently, DBP production costs dropped slightly, providing strong cost support. Downstream buyers maintained rigid demand procurement, but market inquiries and transaction volumes were moderate.

3. Production Dynamics

Today, the domestic DBP capacity utilization rate stood at 46%. The current profitability level for DBP products is approximately -RMB 86/ton.

4. Price Forecast

Currently, feedstock prices are trending downward amid weak sentiment, leading to reduced cost support. Downstream users show resistance to higher prices, with purchasing intentions weakening. Market transactions remain moderate, with price centers leaning toward the lower end. Therefore, the DBP market is expected to continue fluctuating within a weak range.

5. Related Products Status

DOP Market: Today, feedstock 2-EH (n-octanol) prices fell, causing DOP market prices to soften further. Traders actively released inventory, with frequent reports of low-price offers. However, terminal user demand was insufficient, resulting in sluggish inquiry activity and weak demand support.

Table 2: Domestic DBP Data Overview (Units: 10,000 tons, RMB/ton)

Note:

1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates narrow-range fluctuations, highlighting data dimensions with changes within 0–3%.