Price trend

On August 6, the DOP market in Jiangsu Province weakly stabilized, with a quoted price of 7,800 RMB/ton. The DOP market in Shandong Province weakly stabilized, with a quoted price of 7,700 RMB/ton. The DOP market in Zhejiang Province weakly stabilized, with a quoted price of 7,900 RMB/ton.

Analysis review

On August 6, the price of DOP raw material phthalic anhydride fluctuated and fell, the price of isooctanol was weak and stabilized, the cost of DOP raw materials decreased, the production of DOP enterprises increased, the downstream market was general, the downstream demand was mainly rigid, the downstream customers' purchasing willingness was general, the transaction price was subject to negotiation, the DOP quotation was 7,700-7,900 RMB/ton, the quotation was weak and stabilized, the actual transaction price was weak and stabilized, the positive factors of DOP market weakened, the negative factors still existed, and the DOP market weakly stabilized.

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