SunSirs: On July 4th, the Domestic Market's DOP Market Declined
July 05 2023 13:59:13 SunSirs (John)
Price trend
On July 4th, the DOP market in Jiangsu fell, with a quotation of 9,600 RMB/ton. The DOP market in Shandong region fell with a quotation of 9,550 RMB/ton, while the DOP market in Zhejiang region fell with a quotation of 9,800 RMB/ton.
Analysis review
On July 4th, the market for DOP raw material PA fluctuated and consolidated, while the price of 2-EH fell. The cost of DOP raw materials fluctuated and decreased. DOP enterprises started operations steadily, with sufficient supply of DOP. The downstream market was temporarily stable, and downstream demand was average. The market transaction situation was average, and the transaction price was subject to negotiation. DOP was quoted at 9,500-9,800 RMB/ton, but the actual transaction price fell.
Market outlook
There is still downward pressure on the DOP market, and the upward momentum has weakened. In the future, the DOP market will fluctuate and fall.
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