Price trend
On July 23rd, the DOP market in Jiangsu region stabilized, with a quoted price of 9,650 RMB/ton. The DOP market in Shandong region was stabilizing, with a quoted price of 9,550 RMB/ton; The DOP market in Zhejiang region was stabilizing, with a quoted price of 9,750 RMB/ton.
Analysis review
On July 23rd, the price of PA, a raw material for DOP, stabilized, the price of 2-EH stabilized, the cost of DOP raw materials stabilized, and DOP enterprises temporarily stabilized. The downstream market stabilized, with downstream demand as the main factor. Downstream customers had a general willingness to purchase at a lower price, and the transaction price was subject to negotiation. The DOP quotation was 9,500-9,750 RMB/ton, which stabilized, and the actual transaction price stabilized. The positive factors in the DOP market still existed, while the negative factors weakened, and the DOP market stabilized.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.