Price trend
On April 8th, the DOP market in Jiangsu fell, with a quoted price of 8,200 RMB/ton. The DOP market in Shandong has declined, with a quoted price of 8,100 RMB/ton; The DOP market in Zhejiang region has fallen, with a quoted price of 8,300 RMB/ton.
Analysis review
On April 8th, the price of PA, a raw material for DOP, fluctuated and fell, the price of isooctanol fluctuated and fell, the cost of DOP raw materials decreased, DOP enterprises started to operate stably, downstream market conditions stabilized, and downstream demand was 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 8,100-8,300 RMB/ton, but the quotation fell, and the actual transaction price fell. The bullish side of the DOP market weakened, while the bearish side increased, and the DOP market fell.
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