On October 25, the commodity price comparison index of 2-EH and DOP was 105.34, up 1.27 points from the previous day, down 28.68% from the cycle's highest point of 147.70 (2022-02-07), and up 14.82% from the lowest point of 91.74 on November 3, 2015. (Note: the cycle refers to the period from January 1, 2012 to the present). The price of 2-EH fell in a weak shock, while the DOP price fell. The downward pressure on DOP remained, and the upward momentum was weakened.
On October 25, the price comparison index between PA and DOP commodity was 108.47, up 0.53 points from the previous day, down 4.12% from the cycle's highest point of 113.13 (2022-10-16), and up 140.14% from the lowest point of 45.17 on July 27, 2021. (Note: the cycle refers to the period from January 1, 2012 to the present). The price of PA fell in a weak way, the DOP price fell, the impetus for DOP to rise weakened, and the downward pressure increased.
On October 26, the DOP market in Jiangsu Province declined in a weak way, quoting 9,900 RMB/ton. The weak DOP market in Shandong Province declined with an offer of 9,800 RMB/ton, while the weak DOP market in Zhejiang Province declined with an offer of 10,000 RMB/ton.
On October 26, the market of PA as DOP raw material fell in a weak way, the price of 2-EH fell in a weak shock, and the cost of DOP raw material fell in a weak way. 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 downward pressure on the DOP market has increased, and the upward momentum has weakened.
It is expected that the future DOP market will fall in a weak shock.
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