Price trend

On July 11th, the DOP market in Jiangsu fell, with a quoted price of 9,800 RMB/ton. The DOP market in Shandong had declined, with a quoted price of 9,700 RMB/ton; The DOP market in Zhejiang region had fallen, with a quoted price of 9,900 RMB/ton.

Analysis review

On July 11th, the price of PA, a raw material for DOP, stabilized, while the price of 2-EH fluctuated and fell. The cost of DOP raw materials also fluctuated and fell. DOP enterprises temporarily stabilized their production, and downstream markets stabilized. Downstream demand was the main demand, and downstream customers purchased at a lower price on demand. The transaction price was subject to negotiation. The DOP quotation was 9,700-9,900 RMB/ton, but the quotation fell, resulting in a decrease in the actual transaction price. The positive and negative aspects of the DOP market still weakened, and the DOP market fluctuated and fell.

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