China DOP Import and Export Inventory in 2021

In 2021, DOP prices in Asia generally showed an upward trend, among which CFR China prices showed some similarity with domestic trends in China. In 2021, DOP imports in China were 38,000 tons, an increase of about 106% compared with last year, and export was 33,000 tons, an increase of about 106% compared with last year.

DOP in 2021 China imported 38000 tons, can be seen from the chart, fewer imports most of the time, the basic is given priority to with liquid bag of supplies, including 7 - August imports slants big, mainly because of China's inland DOP price higher than the other parts of Asia, suppliers will be more willing to supply of goods into China's inland areas, a larger market profit space, The dollar market clinch a deal the ship appears, promote imports rise, with the release of imports, import prices also rose, combined with the domestic market demand side in September showed less than price swings downward, $market profit space narrowing, demand for imports also fell, led directly to the September imports, as domestic market prices downward pressure, The downstream users' consumption capacity is limited, and the market changes rapidly. The domestic price is lower than the price in other Parts of Asia, and the arbitrage space in the US dollar market is closed, and the import quantity is further reduced.

DOP in 2021 export volume in 33000 tons, of which export quantity is little, July import quantity increases, but the month market in April and export amount is larger, DOP prices climbed to a high years later returned to the city, China, China merchants 3-4 months have strong profit space, export quantity also get a lot of ascension, June 5 - export quantity consistently maintain a relatively stable level, To 7 - August, maritime transport costs fell sharply, the number of ascension leads to export and the domestic market for selling off-season, superimposed profits down significantly, manufacturer overall capacity utilization is not high, export supply ability is abate, exports have been low, until 10 - December, domestic capacity than before in some recovery, the market supply of goods is relatively under control, Some businesses turned to overseas markets, and the export volume increased slightly.