Price trend
On April 4th, the DOP market in Jiangsu remained stable, with a quotation of 10,100 RMB/ton. The DOP market in Shandong region was temporarily stable with a quotation of 10,000 RMB/ton, while the DOP market in Zhejiang region was temporarily stable with a quotation of 10,200 RMB/ton.
Analysis review
On April 4th, the market of DOP raw material phthalic anhydride fluctuated and stabilized, the price of isooctanol fluctuated and stabilized, and the cost of DOP raw materials fluctuated and stabilized. The operating rate of DOP enterprises was stable, the supply of DOP was sufficient, and the downstream market was temporarily stable. The downstream demand was average, and the market transaction situation was average. The transaction price was subject to negotiation. The DOP quotation was 9,950-10,150 RMB/ton, and the actual transaction price was stabilizing.
Market outlook
The downward pressure on the DOP market weakened, and the upward momentum still existed. In the future, the DOP market will fluctuate and stabilize.
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