Price trend
On January 11th, the DOP market in Jiangsu region fell, with a price of 11,950 RMB/ton. The DOP market in Shandong region was temporarily stable at a price of 11,900 RMB/ton, while the DOP market in Zhejiang region was declining at a price of 12,000 RMB/ton.
Analysis review
On January 11th, the DOP raw material PA market fluctuated and fell, the price of 2-EH fluctuated and stabilized, the cost of DOP raw materials stabilized. DOP enterprises started to decline, the downstream market stabilized, downstream demand stabilized, and downstream customers had a general willingness to purchase at lower prices. The transaction price was subject to negotiation, and DOP quoted 11,900-12,000 RMB/ton, but the price fell. The actual transaction price stabilized, and the bullish factors in the DOP market weakened, while the bearish factors still existed. The DOP market fell back.
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