DOP Guide: Domestic DOP market continued to slump on May 22

DOP Guide: Yesterday, the domestic DOP market continued to slump, with a light trading atmosphere. The downstream demand has not improved, the situation of poor goods has been maintained, the superimposed raw material octanol has been downgraded, and the negative expectations have also increased. On the basis of de-inventory, in order to reduce the resistance of shipment, there is still a decline, which also aggravates the bearish sentiment. The reference price of East China is about 7600 yuan per ton, the reference price of South China is about 7700 yuan per ton, and the reference price of North China is 7350-7500 yuan per ton. Future market forecast: the demand outlook is constrained, just need to continue, whether it is not smooth, or weakened cost support, it is expected that the market will continue to be weak and sluggish.