Price trend
On November 14th, the DOP market in Jiangsu Province stabilized due to fluctuations, with a quotation of 11,400 RMB/ton. The DOP market in Shandong region was stabilizing with a quotation of 11,300 RMB/ton, while the DOP market in Zhejiang region was stabilizing with a quotation of 11,500 RMB/ton.
Analysis review
On November 14th, the market fluctuation of DOP raw material PA stabilized, the price of 2-EH stabilized, and the cost fluctuation of DOP raw material stabilized. DOP enterprises started with low load, the downstream market stabilized, and the downstream demand was average. The market transaction situation was poor, and the transaction price was subject to negotiation. DOP was quoted at 11,300 to 11,500 RMB/ton, but the actual transaction price stabilized.
Market outlook
The downward pressure on the DOP market has weakened, and the upward momentum still exists. In the future, the DOP market will stabilize.
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