DOP Guide: Nov. 18 domestic DOP market consolidation

DOP guide reading: Yesterday, the domestic DOP market was reorganized, the trading atmosphere was light, the terminal demand did not improve substantially, the inquiry and procurement were poor, but the industry cost pressure remained, there was still a certain price maintenance, but the follow-up of the new order was still insufficient, aggravating the cautious outlook attitude, and some of the later part showed stalemate. The reference price in East China is 7450-7500 CNY/ton, the reference price in South China is 7450-7550 CNY/ton, and the reference price in North China is 7150-7300 CNY/ton. Aftermarket forecast: the demand outlook is hard to change and the situation of rigid demand is maintained. Although the downstream and traders have certain replenishment, the expected cycle is short and the market consolidation is expected to be the main one.