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Home > News > Market Flash > DOP Guide: Domestic DOP Market Trend Falling on Aug. 19

DOP Guide: Domestic DOP Market Trend Falling on Aug. 19

ECHEMI 2019-08-22

 

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DOP Guide: Yesterday, the domestic DOP market declined, terminal demand did not improve, inquiries and procurement situation was not good, coupled with the decline of raw materials octanol, negative pressure was also intensified, in order to slow down the resistance to shipment, so that the phenomenon of lower profits is widespread, but under the mood of bearish buying and falling, it is still waiting for more participation. Not enough. The reference price of East China is 7450-7500 yuan per ton, the reference price of South China is 7300-7400 yuan per ton, and the reference price of North China is 7100-7200 yuan per ton. Future market forecast: the demand outlook is constrained, just need to remain normal, although there are many weaknesses down, but the industry loss situation maintained, the market is expected to be mostly weak and gloomy decline.

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