Price trend:

On December 18th, the benchmark price of DOP according to SunSirs was 7,159.16 RMB/ton, an increase of 2.14% compared to the beginning of the month (7,009.16 RMB/ton).

On December 18th, the DOP market in Jiangsu province showed fluctuating but stable trends, with a quoted price of 7,000 RMB/ton. The DOP market in Shandong province was weak but stable, with a quoted price of 6,800 RMB/ton; the DOP market in Zhejiang province also showed fluctuating but stable trends, with a quoted price of 7,100 RMB/ton.

Market Analysis

On December 18th, the market for DOP raw material phthalic anhydride remained weak but stable, while the price of isooctanol fluctuated downwards. The cost of DOP raw materials remained weak and consolidated. DOP production increased, but downstream demand was generally weak, driven mainly by essential needs. Downstream customers showed limited purchasing interest, and transaction prices were subject to negotiation. DOP was quoted at 6,800-7,100 RMB/ton, with quotes remaining weak but stable, and actual transaction prices also showing a weak but stable trend.  Positive factors for the DOP market weakened, while negative factors persisted, resulting in a weak but stable market for DOP.

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.