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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.
- How did phthalic anhydride & iso-butanol affect DBP's production costs in India?
- In India, the reduced costs of raw materials Phthalic anhydride and Iso-Butanol negatively impacted DBP's production costs in the first half of Quarter 3 of 2022. In addition, the domestic producers reduced the product prices in the country as the demand was modest from the domestic plasticizer PVC manufacturers.
- Why is the European market for dibutyl phthalate (DBP) rising?
- The European market for Dibutyl phthalate (DBP) showed an upward trend throughout the first quarter of 2023, which was likely due to the active procurement from downstream plasticizer sectors, leading to improved market sentiment.
- 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.
- How much is DBP ex-Mumbai in May?
- Supply has been ample enough to cater to the requirements for the product, influencing the prices to hover around 1607.4 USD/ tonne DBP Ex-Mumbai during May. Within the Indian market, over the start of the monsoon season, the demand from the downstream automotive and construction industry got hampered during June.
- Why is demand for DBP stable in India?
- The demand for DBP in India remained stable throughout the quarter, with expectations of a seasonal increase in demand from the downstream PVC manufacturers as summer arrived. However, the market faced challenges with low supply due to the disruptions in the global supply chain.
