Price trend
On July 18th, the DOP market in Jiangsu Province rose with a quotation of 101,00 RMB/ton. The DOP market in Shandong region had risen with a quotation of 10,000 RMB/ton, while the DOP market in Zhejiang region had risen with a quotation of 10,100 RMB/ton.
Analysis review
On July 18th, the market for DOP raw material PA fluctuated and increased, while the price of isooctanol fluctuated and increased. The cost of DOP raw materials fluctuated and increased.
DOP enterprises started operations steadily, DOP supply was sufficient, downstream market recovered, downstream demand was stable, and market transactions had rebounded. The transaction price wa subject to negotiation. The DOP quotation was 9,950-10,100 RMB/ton, but the actual transaction price had increased.
Market outlook
The downward pressure on the DOP market has weakened, and the upward momentum has increased. In the future, the DOP market will rise.
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