SunSirs: On April 18th, the Domestic DOP Market Stabilized
April 19 2023 13:45:52 SunSirs (John)
Price trend
On April 18th, the DOP market in Jiangsu remained stable with a quotation of 9,850 RMB/ton. The DOP market in Shandong region was temporarily stable with a quotation of 9,700 RMB/ton, while the DOP market in Zhejiang region was temporarily stable with a quotation of 10,000 RMB/ton.
Analysis review
On April 18th, the market of DOP raw material PA fluctuated and stabilized, the price of 2-EH fluctuated and stabilized, and the cost of DOP raw materials fluctuated and stabilized. The operating rate of DOP enterprises was stable, the supply of DOP was sufficient, and the downstream market was temporarily stable. The downstream demand was average, and the market transaction situation was average. The transaction price was subject to negotiation. The DOP quotation was 9,700-10,000 RMB/ton, and the actual transaction price was stabilizing. The downward pressure on the DOP market was weakened, and the upward momentum was still present.
Market outlook
The DOP market is stabilizing in the future.
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