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Home > News > DOP Guide: Continuation of Domestic DOP Market Downward Trend on July 19

DOP Guide: Continuation of Domestic DOP Market Downward Trend on July 19

ECHEMI 2019-07-24

 

Calcium-Carbide

DOP Guide: Yesterday, the domestic DOP market continued its downward trend, the downstream demand did not improve, the demand remained weak on the basis of off-season, and the situation of poor goods was maintained. Especially under the pressure of raw material octanol, the short expectation was maintained, faced with few inquiries and purchases, the negative pressure intensified, and the market was low. Prices are rising. The reference price of East China is about 7800 yuan per ton, the reference price of South China is 7700-7800 yuan per ton, and the reference price of North China is 7350-7500 yuan per ton. Future market forecast: under bearish sentiment, trading will still be limited, but based on DOP supply control and cost pressures still exist, so most of them are weak and sluggish.

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