Price trend

On January 5, the DOP market in Jiangsu became stable, with an offer of 9,700 RMB/ton. The DOP market in Shandong has stabilized, offering 9,600 RMB/ton, while that in Zhejiang has stabilized, offering 9,800 RMB/ton.

Analysis review

On January 5, the market of PA as DOP raw material became stable, the price of 2-EH rose in shock, and 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 9,600-9,800 RMB/ton, and the actual transaction price rose.

Market outlook

The downward pressure on the DOP market was weakened, and the upward momentum was increased. The future DOP market is strongly stabilized.

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