SunSirs: The Domestic DOP Market Rose on February 10th

Price trend

On February 10th, the DOP market in Jiangsu Province rose, with a quoted price of 8,600 RMB/ton. The DOP market in Shandong has risen, with a quoted price of 8,500 RMB/ton; The DOP market in Zhejiang has risen, with a quoted price of 8,700 RMB/ton.

Analysis review

On February 10th, the market for DOP raw material PA fluctuated and stabilized, with the price of 2-EH rising and the cost of DOP raw materials increasing. DOP enterprises had stable production, downstream market conditions were stabilizing, and downstream purchased mainly on demand. Downstream customers had a general willingness to purchase at a lower price, and the transaction price was subject to negotiation. DOP quotation ranged from 8,500 to 8,700 RMB/ton, with an increase in quotation resulting in an increase in actual transaction price. The bullish trend in the DOP market has increased, while the bearish trend still existed. The DOP market has risen.

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