DOP Guide: November 4 domestic DOP market consolidation trend
DOP guide reading: Yesterday, the domestic DOP market consolidation trend, the downstream demand has not been significantly improved, the market trading atmosphere is still light, inquiry and procurement are still general, the situation is not smooth, the focus continues to move towards the low position. As phthalic anhydride of ortho process continues to weaken, it aggravates the wait-and-see mentality of DOP market. The reference price in East China is 7600-7650 CNY/ton. The reference price in South China is 7700-7800 CNY/ton. The reference price in North China is 7350-7550 CNY/ton. Future forecast: the demand outlook is hard to change. Given the cost pressure still exists, it is expected to be weak.
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