Price trend

On July 9th, the DOP market in Jiangsu fell, with a quoted price of 8,100 RMB/ton. The DOP market in Shandong declined, with a quoted price of 8,000 RMB/ton; The DOP market in Zhejiang region had fallen, with a quoted price of 8,250 RMB/ton.

There is a clear fluctuation signal on the supply side

On July 9th, the market for DOP raw material phthalic anhydride stabilized, while the price of isooctanol remained weak and stable. The cost of DOP raw materials fluctuated and fell, leading to a decrease in DOP enterprise production. The downstream market was average, with downstream demand being the main factor. Downstream customers had a general purchasing willingness, and the transaction price was subject to negotiation. The DOP quotation was 8,000-8,250 RMB/ton, which weakened and fell, resulting in a decrease in actual transaction price. The bullish trend of the DOP market weakened, while the bearish trend still existed. The DOP market fluctuated and fell.

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