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Home > News > Market Flash > DOP Guide: Domestic DOP Market Continued to Decline on October 10

DOP Guide: Domestic DOP Market Continued to Decline on October 10

ECHEMI 2019-10-16

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DOP Guide: Yesterday, the domestic DOP market continued to fall, terminal demand was weak and difficult to change, the trading atmosphere was light, the situation of poor goods was maintained, facing inventory accumulation and raw material octanol continued to decline, concentration of short positions, increasing market prices, also exacerbated the bearish sentiment. The reference price of East China is 7900-8000 yuan per ton, that of South China is 8000-8100 yuan per ton and that of North China is 7600-7700 yuan per ton. Future market forecast: in the supply of sufficient, phthalic anhydride decline, it is expected to let the margin lower space still exists, mostly a negative trend.

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