DOP Guidance: Domestic DOP Market Continued Downward on May 21

DOP Guide: Yesterday, the domestic DOP market continued to decline, with a light trading atmosphere. Demand has not improved, just need to remain normal, facing inquiries and poor procurement, businesses still have to let profits go down, superimposed raw materials octanol is still weak, the industry is still more cautious, so there is a certain mood to maintain, fluctuations slowed down. The reference price of East China is 7600-7650 yuan per ton, the reference price of South China is 7700-7800 yuan per ton, and the reference price of North China is 7400-7500 yuan per ton. Future market forecast: supply and demand still tend to be excessive, although the inventory load declines, but the impact on the overall supply and demand pattern is limited, and there is still a weakening trend on the basis of goods, but the industry cost pressure still exists and is expected to operate weakly.