Price trend

On March 20th, the DOP market in Jiangsu Province rose, with a quoted price of 8,150 RMB/ton. The DOP market in Shandong has risen, with a quoted price of 8,000 RMB/ton; The DOP market in Zhejiang has risen, with a quoted price of 8,200 RMB/ton.

Analysis review

On March 20th, the price of PA, a raw material for DOP, remained stable, while the price of isooctanol increased. The cost of DOP raw materials also rose, and DOP enterprises started to operate steadily. Downstream demand remained stable, and downstream customers had a general willingness to lower prices. The transaction price was subject to negotiation. The DOP quotation was 8,000-8,200 RMB/ton, and the quotation increased, resulting in an increase in the actual transaction price. The positive side of the DOP market increased, while the negative side still existed, leading to an increase in the DOP market.

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