Price trend
On December 22, the DOP market in Jiangsu rose, quoting 9,900 RMB/ton. The DOP market in Shandong Province rose, offering 9,800 RMB/ton, and the DOP market in Zhejiang Province rose, offering 9,950 RMB/ton.
Analysis review
On December 22, the market of PA as DOP raw material became stable, the price of 2-EH rose, the cost of DOP raw material rose.
The DOP enterprises started steadily, the DOP supply was sufficient, the downstream market was weak, 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 9,800-9,950 RMB/ton. The actual transaction price rose.
Market outlook
The downward pressure on the DOP market is weakened, and the upward momentum is increased. In the future, the DOP market will rise.
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