Price trend
On September 6th, the DOP market in Jiangsu fell, with a quotation of 11,700 RMB/ton. The DOP market in Shandong region fell with a quotation of 11,600 RMB/ton, while the DOP market in Zhejiang region fell with a quotation of 11,850 RMB/ton.
Analysis review
On September 6th, the market of DOP raw material PA fluctuated and stabilized, while the price of 2-EH fluctuated and fell. The cost of DOP raw materials was adjusted weakly, and DOP enterprises started operating at low loads. DOP supply was temporarily stable, and downstream market conditions stabilized. Downstream demand was average, and market transactions were average. The transaction price was subject to negotiation. DOP was quoted from 11,600 to 11,800 RMB/ton, and the actual transaction price stabilized.
Market outlook
The downward pressure on the DOP market still exists, and the upward momentum weakens. In the future, the DOP market will undergo a weaker adjustment.
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