On June 1, DOP price was temporarily stable
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According to the data monitoring of the business club, on June 1, the DOP price stabilized and the DOP market stabilized. On June 1, the DOP price was 11912.50 yuan / ton, which was the same as the DOP price of 11912.50 yuan / ton on the previous trading day; DOP cost tends to be stable and DOP market remains stable.
Key points of analysis
The price of raw material isooctanol fell, the price of phthalic anhydride rose, and DOP cost was adjusted weakly; Downstream plastic PVC prices tend to stabilize and demand picks up; The downward pressure of plasticizer still exists, and the upward momentum is weakened.
Aftermarket expectation
The demand for cost reduction is temporarily stable, the upward momentum of DOP is weakened, and the downward pressure remains. It is expected that the DOP price will be adjusted in the future.
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