DOP Guidance: Domestic DOP Market Continued to Decline on July 22

DOP Guide: Yesterday, the domestic DOP market continued to decline, and the trading atmosphere was cold. The terminal demand has not improved, the situation of poor goods has been maintained, in order to slow down the resistance of shipment, the market price has been increasing, coupled with the decline of raw materials octanol and phthalic anhydride, phthalic anhydride is also weakening, the market downturn has intensified, and the sentiment of investors is strong. The reference price of East China is 7750-7800 yuan per ton, the reference price of South China is 7600-7700 yuan per ton, and the reference price of North China is 7350-7500 yuan per ton. Future market forecast: demand prospects are constrained, just need to remain normal, coupled with lower raw materials release negative, but in view of industry losses, and some negative phenomena, it mostly continues to decline.