SunSirs: The Domestic DOP Market Weakened and Stabilized on September 6th

https://www.chemnet.com   Sep 09,2024 SunSirs

Price trend

On September 6th, the DOP market in Jiangsu fell, with a quoted price of 8,500 RMB/ton. The DOP market in Shandong had declined, with a quoted price of 8,400 RMB/ton; The DOP market in Zhejiang region has fallen, with a quoted price of 8,600 RMB/ton.

Analysis review

On September 6th, the market for DOP raw material PA fluctuated and fell, the price of 2-EH fluctuated and fell, and the cost of DOP raw materials fluctuated and fell. DOP enterprises temporarily stabilized their operations, downstream market conditions were stabilizing, 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 8,400-8,600 RMB/ton, but the quotation had fallen, resulting in a decrease in the actual transaction price. The positive side of the DOP market had weakened, while the negative side had increased, leading to a decline in the DOP market..

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