SunSirs: The Domestic DOP Market Remained Stable Temporarily on January 8th

Price trend

On January 8th, the DOP market in Jiangsu remained stable, with a quoted price of 8,500 RMB/ton. The DOP market in Shandong region was temporarily stable, with a quoted price of 8,300 RMB/ton; The DOP market in Zhejiang region was temporarily stable, with a quoted price of 8,600 RMB/ton.

Analysis review

On January 8th, the market for DOP raw material PA fluctuated and stabilized, the price of 2-EH fluctuated and stabilized, and the cost of DOP raw materials stabilized. DOP enterprises were operating steadily, downstream market conditions were stabilizing, and downstream demand was the main factor. Downstream customers hada general willingness to purchase at a lower price, and the transaction price was subject to negotiation. The DOP quotation was 8,300-8,600 RMB/ton, and the quotation was stabilizing. The actual transaction price was stabilizing, and the positive side of the DOP market still existed, while the negative side was weakening. The DOP market was stabilizing.

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