One-week DOP Market Trends and Post Market Review

Business News Agency June 12th The DOP market in Asia is moving steadily and prices have risen steadily. Supported by slightly better demand from Southeast Asian markets, traders have a more stable attitude and limited supply of low prices. At present, the COP price of the DOP in the Far East region was between US$1,634-1,636/ton, which was the same level as a week ago; the CIF value of the DOP in Southeast Asia was US$1,674-1,676/ton, up by US$5/ton from a week ago; the European DOP market has a stable trading climate. Western and Northern European DOP fobs were at 1900-1910 USD/ton, which was the same level as a week ago; US DOP market was narrowly consolidated, and US Gulf DOP FOB prices were 108-109 cents/lb, down 1 cent/lb from a week ago. .

The overall domestic DOP devices started to be low, and the manufacturers' shipments remained slow, and prices continued to fall. In Shandong, the DOP installation started at a low level, and the pressure on manufacturers' inventory has declined. The mainstream factory price is 12100-12300 yuan per ton, and the low end is down by 100 yuan per ton from a week ago; DOP equipment in Jiangsu and Zhejiang provinces are partially parked, and the manufacturers are weak. The mainstream quoted price was RMB 12300-12500/ton, which was RMB 100-200/ton lower than a week ago. The main DOP unit in South China was under-employed, and the manufacturers’ shipments were weak and the prices fell slightly. The mainstream quoted price was RMB 12,600-12,800/ton. One week ago it fell 100-200 yuan / ton; Hebei area DOP device underemployment, manufacturers shipped poorly, prices are down, the mainstream offer in the 12200-12400 yuan / ton, compared with a week ago down 100-250 yuan / ton.

The DOP market in East China was quiet and the price was slowly falling. The market demand is relatively low. Buyers buy in small quantities, and the cash supply is sufficient. Traders' high-end prices are difficult to deal with, and prices have fallen slightly. The current mainstream quoted price is 12400-12500 yuan/ton, and the actual transaction is 12300-12400 yuan/ton.

South China DOP market trend is weak, prices fell slightly. The atmosphere of the market transaction was light, the downstream demand was weak, buyers received less goods, traders shipped slowly, attitude was negative, and prices gradually declined. The market's mainstream quotation is 12700-12800 yuan/ton, and the actual negotiation is at 12600-12700 yuan/ton.

The atmosphere in the North China DOP market was sluggish and the prices fell steadily. Although the local DOP installation is not high, due to the heavy attitude of terminal buyers, effective transactions are rare, making the market supply relatively loose, traders shipping is not smooth, prices fall, the mainstream offer in the 12300-12400 yuan / ton, the actual The transaction was at 12200-12300 yuan/ton.

Market comment. The domestic DOP market transaction sentiment was sluggish and the price declined. Although the price of DOP manufacturers has been reduced slightly, the stock of the market is not high, and there is certain support for prices, but traders are affected by the macro environment and lack confidence. At present, the downstream demand is relatively weak, and the enthusiasm of buyers to enter the market is low, resulting in a cold atmosphere of the transaction, the short-term market to maintain a weak shock.

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