Price trend

On June 8th, the DOP market in Jiangsu region stabilized with a quotation of 9,300 RMB/ton. The DOP market in Shandong region was stabilizing with a quotation of 9,200 RMB/ton, while the DOP market in Zhejiang region was stabilizing with a quotation of 9,400 RMB/ton.

Analysis review

On June 8th, the market for DOP raw material PA stabilized in shock, while the price of 2-EH fell and fluctuated. The cost of DOP raw materials also fell in shock. DOP enterprises started operations steadily, with sufficient supply of DOP. The downstream market was temporarily stable, and downstream demand was average. The market transaction situation was average, and the transaction price was subject to negotiation. DOP was quoted at 9,200-9,400 RMB/ton, but the actual transaction price weakened.

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 stable.

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