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Home > News > Market Flash > DOP Guidance: On Oct. 11, the domestic DOP market gravity is low

DOP Guidance: On Oct. 11, the domestic DOP market gravity is low

ECHEMI 2019-10-16

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DOP Guide: Yesterday, the domestic DOP market gravity was low, downstream demand did not improve, the situation of poor goods was maintained, coupled with raw materials octanol and phthalic anhydride downward, aggravating the negative mood, in order to slow down the resistance to shipment, the market continued to increase in low prices, but bearish sentiment, new orders are rare, but at this stage the pressure of industry sales costs still exists, so it is mostly gloomy. Situation. The reference price of East China is 7800-7900 yuan per ton, the reference price of South China is 7950-8050 yuan per ton, and the reference price of North China is 7500-7700 yuan per ton. Future market forecast: the demand outlook is constrained and difficult to change, while the new single is not good, profit is still low, but in view of the industry cost pressures still exist, it is expected to be mostly a negative trend.

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