SunSirs: On March 22, the Domestic DOP Market Temporarily Stabilized
March 23 2023 13:14:22 SunSirs (John)
Price trend
On March 22, the DOP market in Jiangsu was temporarily stable, with a quotation of 10,100 RMB/ton. The DOP market in Shandong was temporarily stable with a quotation of 10,000 RMB/ton, and the DOP market in Zhejiang was temporarily stable with a quotation of 10,200 RMB/ton.
Analysis review
On March 22, the market of DOP raw material PA weakened in shock, the price of 2-EH stabilized due in shock, and the cost of DOP raw material stabilized in shock. The operating rate of DOP enterprises was stable, the supply of DOP was sufficient. The downstream market was temporarily stable, the downstream demand was general, and the market transaction situation was general. The transaction price was subject to negotiation. DOP quoted 10,000-10,200 RMB/ton, but the actual transaction price rose. The downward pressure on DOP market remained, and the upward momentum weakened.
Market outlook
In the future, the DOP market will fluctuate to stabilize.
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