DOP Guide: Domestic DOP Market High Integration on July 10

DOP Guide: Yesterday, the domestic DOP market was consolidated at a high level and the trading atmosphere was cold. However, the high level of octanol and phthalic anhydride raw materials, leading to high cost support still exists, coupled with the DOP industry supply is not strong, still driving dimension prices, but the downstream demand has not improved, not only off-season constraints, more is to catch up with high risks, poor inquiries and procurement, aggravating wait-and-see attitude. The reference price of East China is 7600-7700 yuan per ton, the reference price of South China is 7650-7750 yuan per ton, and the reference price of North China is 7400-7600 yuan per ton. Future market forecast: new orders will still be limited, so under the game of cost and demand, DOP market is mostly high level consolidation.