Price trend
On October 10th, the DOP market in Jiangsu fell, with a quotation of 11,700 RMB/ton. The DOP market in Shandong region fell with a quotation of 11,600 RMB/ton, while the DOP market in Zhejiang region fell with a quotation of 11,800 RMB/ton.
Analysis review
On October 10th, the market of DOP raw material PA fluctuated and fell, while the price of 2-EH fluctuated and consolidated. The cost of DOP raw materials fell, and DOP enterprises started operating at low loads. DOP supply temporarily stabilized, downstream market stabilized, and downstream demand was average. The market transaction situation was average, and the transaction price was subject to negotiation. DOP was quoted at 11,600-11,800 RMB/ton, but the actual transaction price decreased.
Market outlook
There is still downward pressure on the DOP market, and the upward momentum has weakened. In the future, the DOP market will be weak and consolidate.
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