DOP Guide: Domestic DOP Market Concussion and Restructuring on Aug. 16

DOP Guide: Yesterday, the domestic DOP market shocked and consolidated, but the trading atmosphere tended to be flat. On the basis of yesterday's buy-up, part of the volume of delivery led to the tap price, although octanol raw materials cut down the stock shortfall, inquiries and purchases again weakened, and some of the phenomenon of decline, cautious wait-and-see attitude increased. The reference price of East China is 7450-7500 yuan per ton, the reference price of South China is 7400 yuan per ton, and the reference price of North China is 7100-7250 yuan per ton. Future market forecast: Although raw materials are down, DOP industry is still under high cost pressure, which also restrains the decline. It is expected that the market is still mostly consolidated and the trading is weak.