DOP Guide: Domestic DOP Market Trend Downward on July 18

DOP Guide: Yesterday, the domestic DOP market declined, downstream demand did not improve, inquiries and procurement were rare, off-season and skewed expectations were maintained, pressure intensified, facing poor delivery, coupled with the downward pressure of octanol raw materials, high callback continued, in order to slow down shipment resistance and lower profits. The phenomenon is feared to accompany. The reference price in East China is 7800-7850 yuan per ton, the reference price in South China is 7700-7800 yuan per ton, and the reference price in North China is 7400-7600 yuan per ton. Future forecast: DOP industry cost pressure still exists, and manufacturers are still waiting to be issued, supply is still under control, so there is a certain restraint on the decline, it is expected that the market is mostly weak operation.