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  • What is the price of dibutyl phthalate (DBP) in India?
  • The quarter-ending price for DBP in India was recorded at USD 1705/MT FOB JNPT during March 2024. Europe The recent increase in Dibutyl Phthalate (DBP) prices in the European market during the quarter ending March 2024 can be attributed to a combination of moderate demand and a shortage of suppliers.
  • Why did dibutyl phthalate (DBP) prices rise?
  • The price trend of Dibutyl Phthalate (DBP) remained strong in the European region with some minor fluctuations. With a sudden spike in feed Isobutanol cost caused by shortages in oil supplies, DBP prices rose substantially during H1 of the quarter.
  • What is DBP used for?
  • Due to its many advantages, DBP is mostly used in the lubricating oil, adhesives, and plasticizer industries to increase efficiency. DBP is also used as a plasticizer to create plastic, rubber, and other materials. Dibutyl phthalate (DBP) is a plasticizer.
  • Is DBP a good stock to buy?
  • Throughout the quarter, inventory levels of DBP were adequate, as the market was well-supplied despite the lower demand. This equilibrium in supply and inventory further reinforced the bearish pricing trend.
  • Which APAC countries experienced the most significant changes in DBP prices?
  • Among the APAC countries, India experienced the most significant changes in DBP prices. The country witnessed a bullish market with moderate supply and high demand. The increased demand from downstream industries, coupled with rising raw material costs, contributed to the upward trend in DBP prices.
  • Why did DBP prices drop in Delhi NCR?
  • By the end of the quarter, DBP prices in Delhi NCR stood at USD 1588/MT, highlighting the ongoing downward pricing environment. The overall sentiment for the quarter was negative, driven by high supply, moderate demand, and seasonal factors, with no significant plant shutdowns affecting the market. Europe