Price trend
On October 11th, the DOP market in Jiangsu Province rose with a quotation of 11,800 RMB/ton. The DOP market in Shandong region had risen with a quotation of 11,700 RMB/ton, while the DOP market in Zhejiang region had risen with a quotation of 11,900 RMB/ton.
Analysis review
On October 11th, the market of DOP raw material PA fluctuated and stabilized, the price of 2-EH fluctuated and stabilized, the cost of DOP raw materials stabilized. DOP enterprises started operating at low loads, DOP supply temporarily stabilized, downstream market stabilized, downstream demand was average, and market transactions were average. The transaction price was subject to negotiation. DOP was quoted at 11,700-11,900 RMB/ton, and the actual transaction price rebounded.
Market outlook
The downward pressure on the DOP market has weakened, and the upward momentum still exists. In the future, the DOP market will fluctuate and consolidate.
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