SunSirs: On June 14th, the Domestic DOP Market Slightly Rebounded
June 15 2023 13:37:03 SunSirs (John)
Price trend
On June 14th, the DOP market in Jiangsu Province rebounded, with a quotation of 9,350 RMB/ton. The DOP market in Shandong rebounded with a quotation of 9,250 RMB/ton, while the DOP market in Zhejiang rebounded with a quotation of 9,450 RMB/ton.
Analysis review
On June 14th, the market of DOP raw material PA fluctuated and stabilized, while the price of 2-EH fluctuated and increased, and the cost of DOP raw material fluctuated and stabilized. The operating rate of DOP enterprises was stable, the supply of DOP was sufficient.
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 9,200-9,400 RMB/ton, and the actual transaction price had stabilized. The downward pressure on the DOP market weakened, and the upward momentum still existed.
Market outlook
The DOP market will slightly rebound in the future.
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