DOP Guide: Nov. 28 domestic DOP market consolidation

DOP Introduction: Yesterday, the domestic DOP market was consolidated, the downstream demand did not improve substantially, the inquiry and procurement situation was not good, in order to slow down the delivery resistance, there was still a certain weakening phenomenon, but the industry was also under pressure, the raw materials octanol and phthalic anhydride did not change significantly, and the fluctuation was narrow under the cost pressure. The reference price in East China is 7500-7550 CNY/ton, the reference price in South China is 7500-7600 CNY/ton, and the reference price in North China is 7250-7350 CNY/ton. Aftermarket forecast: the demand outlook is hard to change, and the rigid demand will remain normal. Under the game of expected cost and demand, the market is mostly consolidation trend.