DOP Guide: the trend of domestic DOP market fell on October 16

Yesterday, the trend of domestic DOP market fell, the terminal demand did not improve substantially, the demand is still weak, the inquiry and procurement of DOP are poor, facing a small number of new orders, especially on the basis that downstream manufacturers have consumable sources, the phenomenon of lower profits is common, but it also aggravates the bearish mood. The reference price in East China is 7800-7900 CNY/ton, the reference price in South China is 7850-8000 CNY/ton, and the reference price in North China is 7550-7700 CNY/ton. Future market forecast: there is still room for further exploration on the basis of going goods, and the transmission function of cost surface is also limited. It is expected that the downward trend of the market will continue.