SunSirs: Views on DOP Trends on November 8
DOP prices fell on November 8
According to the data monitoring of SunSirs, the DOP price fell on November 8, and the DOP market fell. The DOP price on November 8 was 12,175.00 RMB/ton, down 0.41% from the price of 12,225.00 RMB/ton on November 5 of the previous trading day; the trend of DOP declined.
Overview of industry chain market
The price of raw material 2-EH dropped, the price of PA dropped slightly, and the cost of DOP dropped; the price of downstream plastic PVC dropped sharply, and the demand fell; the start of DOP manufacturers rose at a low level, the supply of DOP increased, and the shortage of DOP was alleviated.
Market outlook
The DOP data analyst of SunSirs believes that on November 8, DOP supply increased, demand was low, and costs fell. DOP prices will fluctuate and fall in the future.