DOP Guide: Weak Operation of Domestic DOP Market on July 16
DOP Guide: Yesterday, the domestic DOP market was weak, downstream demand did not improve, inquiries and procurement were not good, there was a partial drop in the center of gravity phenomenon, the off-season superimposition of additional high risks, especially octanol, high downward adjustment of raw materials, continued psychological constraints, accompanied by a partial weakening phenomenon. The reference price of East China is 7850-7900 yuan per ton, the reference price of South China is 7700-7900 yuan per ton, and the reference price of North China is 7500-7700 yuan per ton. Future market forecast: in the off-season, the overlapping high, the cost transmission may be weakened to some extent, so the expectation has already existed, so the market is mostly weak collation, narrow operation.
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