Isooctanol prices fell, DOP prices fell, and the downward pressure on DOP increased, and the upward momentum weakened.
The price of phthalic anhydride was strong and temporarily stable, while the price of DOP fell. The upward momentum of DOP weakened and the downward pressure increased.
On October 14, the DOP market in Jiangsu was weak and stable, with an offer of 10300 RMB/ton. The weak DOP market in Shandong is temporarily stable, offering 10000 RMB/ton, while the weak DOP market in Zhejiang is stabilizing, offering 10400 RMB/ton.
On October 14, the market of phthalic anhydride as DOP raw material was temporarily stable, the price of isooctanol fell weakly, and the cost of DOP raw material fell weakly. The DOP enterprises started stable, the DOP supply was sufficient, the downstream market was temporarily stable, the downstream demand was average, and the market transaction was average. The transaction price was subject to the negotiated price. The DOP quotation was 10000-10300 RMB/ton, and the actual transaction price fell. The downward pressure on the DOP market increased, and the upward momentum weakened. It is expected that the future DOP market will be weak and stable.
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