SunSirs: On December 13th, the Domestic DOP Market Was Consolidated
December 14 2023 11:04:33 SunSirs (John)
Price trend
On December 13th, the DOP market in Jiangsu region stabilized, with a quotation of 11,700 RMB/ton. The DOP market in Shandong region was stabilizing with a price of 11,600 RMB/ton, while in Zhejiang region, the DOP market was stabilizing with a price of 11,900 RMB/ton.
Analysis review
On December 13th, the price of DOP raw material PA fluctuated and stabilized, while the price of 2-EH fluctuated and stabilized, the cost of DOP raw materials fluctuated and stabilized. DOP enterprises started to rise. The downstream market stabilized, and downstream demand was average. Downstream customers had a strong willingness to purchase at lower prices, and the transaction price was subject to negotiation. DOP quoted 11,600-11,800 RMB/ton, and the quotation stabilized. The actual transaction price stabilized.
Market outlook
The DOP market is still positive, but the bearish sentiment is weakening, and the DOP market is expected to stabilize in the future.
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