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DOP Guide: cost pressure in domestic DOP market on January 21

ECHEMI 2020-02-04

DOP Guide: Yesterday, Zhejiang Province collected 7550-7600 CNY/ton, Shandong and North China 7200-7300 CNY/ton, and South China 7500-7750 CNY/ton. The market has entered the holiday mode, and trading has basically stagnated. However, considering the industry cost pressure and obvious load drop, it is expected to continue the sideways trend. Future market forecast: the festival atmosphere is becoming more and more strong, the market basically enters the holiday mode, but the raw material octanol is stable, for DOP manufacturers, the cost pressure still exists, so the market still continues the trend of sideways market, and the trading is stagnant. 

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