DOP Guide: Domestic DOP Market Continued to Decline on Aug. 14

DOP Guide: Yesterday, the domestic DOP market continued to fall, and the trading atmosphere was cold. The downstream demand has not improved, keeping the profit down, but the raw material octanol is stable and the cost pressure is still high. In order to slow down the resistance of shipment, the market price is increasing continuously, but it also aggravates the bearish sentiment, so the fluctuation is narrow. The reference price of East China is 7350-7400 yuan per ton, the reference price of South China is 7300-7400 yuan per ton, and the reference price of North China is 7050-7200 yuan per ton. Future market forecast: demand outlook is constrained, just need to remain normal, downside risk is difficult to eliminate, but based on the loss and partial stop-down phenomenon, it is expected to remain stable and weak, maintaining a weak slump.