SunSirs: Domestic DOP Market Fell on March 7
March 08 2023 13:21:01 SunSirs (John)
Price trend
On March 7, the DOP market in Jiangsu fell back, with a price of 9,850 yuan/ton. The DOP market in Shandong fell back to 9,800 yuan/ton, while the DOP market in Zhejiang fell back to 9,900 yuan/ton.
Analysis review
On March 7, the market of DOP's raw material PA fluctuated and stabilized, the price of 2-EH stabilized, the cost of DOP raw material stabilized. The operating rate of DOP enterprises rose, the DOP supply was sufficient, the downstream market was temporarily stable, the downstream demand was general, the market transaction was general, and the transaction price was subject to negotiation. DOP was quoted at 9,750-9,900 yuan/ton, and the actual transaction price fell back.
Market outlook
The downward pressure on the DOP market remained, the upward momentum weakened, and the DOP market will fall back in the future.
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