Price trend

On May 9th, the DOP market in Jiangsu fell, with a quotation of 10,200 RMB/ton. The DOP market in Shandong region declined with a quotation of 10,000 RMB/ton, while the DOP market in Zhejiang region declined with a quotation of 10,300 RMB/ton.

Analysis review

On May 9th, the market of DOP raw material phthalic anhydride fell, the price of isooctanol fluctuated and fell, the cost of DOP raw material decreased, DOP enterprises started stable, DOP supply was sufficient, downstream market was temporarily stable, downstream demand was average, and market transactions were average.

The transaction price was subject to negotiation, and DOP quoted 10,000-10,300 RMB/ton. The actual transaction price fell.

Market outlook

The downward pressure on the DOP market has increased, and the upward momentum has weakened. In the future, the DOP market will decline.

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