DOP market price trend

Today, Asian DOP market demand is weak, and price shocks are declining. The weakening of the raw material market affected the intention of the buyers of the market, and the atmosphere of the market transactions was light, which led to the continued downward adjustment of the quotation.

At present, the CIF of the DOP in the Far East region was between 1,724 and 1,725 ​​U.S. dollars per ton, down by 20 U.S. dollars per ton from a week ago; the CIF in Southeast Asia was at 1,749 to 1,751 U.S. dollars per ton, down by 20 U.S. dollars per tonne from a week ago; the European DOP market Slightly higher, the FOB price of DOP in North-West Europe was at US$2015-2020/tonne, up by US$15/ton from a week ago; the US DOP market was sideways with the US Gulf DOP FOB price at 102-104 cents/lb, a week Flat before.

The domestic DOP devices are not started at a high level. Except for a few regions, most of the manufacturers in the region have a certain amount of shipping pressure, and the overall prices are lower. The inventory of DOP manufacturers in Shandong dropped, and the price rose slightly. The mainstream factory price was 13300-13400 yuan/ton, which was 100 yuan/ton higher than a week ago; DOP manufacturers in Jiangsu and Zhejiang provinces were weak, and the prices were steadily falling. The mainstream quotes were 13400-13500 yuan / ton, low-end than a week before the decline of 100 yuan / ton; South China's major DOP manufacturers shipping pressure, the mainstream offer in 13400-13500 yuan / ton, compared with a week ago fell 200-300 yuan / ton; Hebei DOP manufacturers have a certain inventory, prices gradually decline, the mainstream quoted at 13100-13300 yuan / ton.

The trading atmosphere of the DOP market in East China was light, and prices fell slightly. Inadequate market initiative talks, buyers are cautious in receiving goods, traders are slow to ship, and prices continue to fall. At present, the mainstream offer is 13400-13500 yuan/ton, and the actual transaction is 13350-13450 yuan/ton.

The South China DOP market was weak and prices dropped significantly. The market has ample supply of cash, and the number of active buying is scarce. The buyer's focus is reduced, and the transaction atmosphere is very negative. Traders shipped slowly and prices continued to fall. The mainstream market price 13450-13550 yuan / ton, the actual negotiation in the 13400-13500 yuan / ton.

The market atmosphere of North China’s DOP has been depressing and prices have oscillated. As the arrival of the market increased, buyers reduced their entry into the market, and the attitude of receiving goods was very cautious. The pressure on traders' inventory increased, and the quotations continued to decline. The mainstream quoted price was 13200-13300 yuan/ton, and the actual turnover was 13100-13200 yuan/ton.