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Home > News > Market Flash > DOP Guide: market consolidation of domestic DOP on December 20

DOP Guide: market consolidation of domestic DOP on December 20

ECHEMI 2019-12-30

DOP Guide: Yesterday, the domestic DOP market was consolidated, the downstream demand did not improve substantially, the supply level of the industry declined, the raw material octanol was stable, the phthalic anhydride was firm, the cost support was strengthened, the merchants maintained the price, but the follow-up of the new order was insufficient, the small order just needed will still be normal, and it is also aggravating the wait-and-see. The reference price in East China is 7600-7700 CNY/ton, the reference price in South China is 7700-7800 CNY/ton, and the reference price in North China is 7300-7400 CNY/ton. Future forecast: the demand outlook is hard to change, the rigid demand will still be normal, the merchants still have price maintenance sentiment, and it is expected to continue the stable trend.

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