DOP Guide: Domestic DOP Market Trend Negative Decline on April 22
DOP Guide: Yesterday, the domestic DOP market was in a slump and the trading atmosphere was light. Terminal demand has not improved, goods are still flat, business pressure, and raw material octanol storage decline, continue to exacerbate skewed expectations, in order to slow down shipment resistance, market prices continue to increase, but based on the DOP industry still cost pressures, so volatility is narrow. The reference price of East China is 8200-8250 yuan per ton, that of South China is 8200-8300 yuan per ton and that of North China is 7900-8000 yuan per ton. Future Market Forecast: The game between cost and demand persists, but due to the sufficient supply, the weakening of raw materials and the negative constraints, the vulnerable shocks are expected to be light.
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