DOP Guide: Domestic DOP Market Continued Weak on July 25

DOP Guide: Yesterday, the domestic DOP market continued to be weak, downstream demand did not improve, and the situation of poor commodity movement was maintained, whether in the off-season depression, or the maintenance of bearish sentiment, coupled with the downward release of raw materials octanol, so that the phenomenon of low profits continued, but it is difficult to change the current situation of cold delivery. It aggravates the bearish sentiment. The reference price in East China is 7300-7400 yuan per ton, the reference price in South China is around 7500 yuan per ton, and the reference price in North China is 7150-7250 yuan per ton. Future market forecast: Shipment resistance is still high, it is expected to let profit go down space still exists, but it is difficult to change the situation of cold delivery, in view of DOP industry cost pressures, it is expected to decline mainly.