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SunSirs: Views on DOP Trends on November 1
November 02 2021 13:30:35SunSirs(John)

Price trend

According to the data monitoring of SunSirs, the DOP price was temporarily stable on November 1, and the DOP market was stable. On November 1, the DOP price was 12,900.00 RMB/ton, which was stable compared with the price of 12,900.00 RMB/ton on October 29 of the previous trading day. The trend of DOP has stabilized this week.

Analysis review   

The price of raw material 2-EH has stabilized, the price of PA has temporarily stabilized, and the cost of DOP has stabilized; the price of downstream plastic PVC has stabilized, and the demand is low; the start of DOP manufacturers has risen from a low level, the supply of DOP has increased, and the shortage of DOP has been eased to some extent.

Market outlook

The DOP data analyst of SunSirs believes that on November 1, DOP supply increased, demand was low, and costs stabilized. DOP prices are expected to stabilize in the future.

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