SunSirs: On April 9th, the Domestic DOP Market Was Consolidating
April 10 2024 15:18:21 SunSirs (John)
Price trend
On April 9th, the DOP market in Jiangsu remained stable with a price of 9,800 RMB/ton. The DOP market in Shandong region was temporarily stable, with a quotation of 9,600 RMB/ton; The DOP market in Zhejiang region was temporarily stable, with a quotation of 10,000 RMB/ton.
Analysis review
On April 9th, the DOP raw material PA market fluctuated and stabilized, while the price of 2-EH fluctuated and stabilized. The cost of DOP raw materials also stabilized, and DOP enterprises temporarily started production. The downstream market stabilized, with downstream demand being the main demand. Downstream customers had a general willingness to purchase at lower prices, and the transaction price was subject to negotiation. DOP was quoted 9,600-10,000 RMB/ton, which was temporarily stable, but the actual transaction price stabilized. . The DOP market was still bullish, but the bearish trend weakened, and the DOP market stabilized.
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