On December 23: consolidation and operation of domestic DOP market
Introduction to DOP: Yesterday, the domestic DOP market was reorganized and operated. The supply level of DOP industry was not high, and the cost boosting effect remained, driving the firm price. The raw material octanol was stable, and the phthalic anhydride was firm. However, the follow-up of the new order was insufficient. The downstream was basically in demand under the restriction of environmental protection factors. The reference price in East China is 7650-7700 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, on-demand procurement will remain normal, and the market is expected to remain more stable.
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