DOP Guide: December 5 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, faced with shipping resistance, the industry was also under pressure, but the raw material octanol was stable, phthalic anhydride was stable, and the cost was supported to a certain extent, so the merchants kept a certain price maintenance mood. 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 7150-7250 CNY/ton. Future forecast: the demand outlook is hard to change, the market will still face the game between cost and demand, and it is expected that the trend is consolidation.