DOP Guide: weak DOP market in China on January 2
DOP Guide: Yesterday, the domestic DOP market was weak, the downstream demand was not improved, and the situation of poor delivery was maintained. In order to slow down the resistance of shipment, there was still a phenomenon of lower profits. The market price continued to increase, but the change of raw materials octanol and phthalic anhydride was small, the industry cost pressure remained, and the fluctuation was narrow. The reference price in East China is 7500-7550 CNY/ton, the reference price in South China is 7550-7650 CNY/ton, and the reference price in North China is 7150-7300 CNY/ton. After market forecast: the demand outlook is hard to change, just need small orders to maintain, there is a weak risk on the basis of taking goods, and still more continue to decline.
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Paint & Coating Industry Overview Mar.2025
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