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SunSirs: On November 23, the Domestic Market DOP Market Rose

November 24 2022 10:58:52     SunSirs (John)

Price trend

On November 23, the DOP market in Jiangsu rose, with a quotation of 10,150 RMB/ton. The DOP market in Shandong Province rose, with an offer of 9,950 RMB/ton, and the DOP market in Zhejiang Province rose, with an offer of 10,250 RMB/ton.

Analysis review

On November 23, the market of phthalic anhydride as DOP raw material fell in shock, the price of isooctanol rose in shock, and the cost of DOP raw material rose in shock. The operating rate of DOP enterprises was stable, the DOP supply was sufficient, the downstream market was temporarily stable, the downstream demand was general, and the market transaction situation was general. The transaction price was subject to the negotiated price. The DOP quotation was 9,950-10,300 RMB/ton, and the actual transaction price rose.

Market outlook

The downward pressure on the DOP market was weakened, and the upward momentum remained. T Later, the DOP market rose in shock.

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