Price trend
On June 27th, the DOP market in Jiangsu region was weak and stable, with a quotation of 9,800 RMB/ton. The DOP market in Shandong region was weak and stabilizing, with a quotation of 9,700 RMB/ton; The DOP market in Zhejiang region was weak and stabilizing, with a quotation of 9,900 RMB/ton.
Analysis review
On June 27th, the DOP raw material PA market weakened and stabilized, while the price of 2-EH fluctuated and fell. The cost of DOP raw materials fluctuated and fell, and DOP enterprises temporarily stabilized their operations. The downstream market stabilized, downstream purchasing mainly on demand. Downstream customers had a general willingness to purchase at lower prices, and the transaction price was subject to negotiation.
The DOP quotation was 9,700-9,900 RMB/ton, and the quotation was stabilizing, but the actual transaction price had decreased. The positive factors of the DOP market had weakened, while the negative factors still existed. The DOP market was weak and tended to stabilize.
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