DOP prices fell rapidly on October 25
According to the data monitoring of the business agency, the DOP price fell and the DOP market fell on October 25. As of October 25, the DOP price was 12575.00 yuan / ton, down 3.27% from 13000.00 yuan / ton on October 22 of the previous trading day; DOP fell sharply this week after a brief rebound last week.
The price of raw materials fell
According to the price monitoring of the business agency, after the brief rise of isooctanol last week, the price of isooctanol fell sharply on the 25th, the price of isooctanol fell by 8.35% on the 25th, the price of isooctanol fell sharply, and the cost of DOP fell; DOP prices followed suit.
Future expectations
Bai Jiaxin, DOP data analyst of business agency, believes that on the 25th, the price of isooctanol fell sharply and the cost of DOP decreased. Under the background of weak PVC market, DOP lost its upward support and increased downward pressure. DOP prices are expected to fluctuate and fall in the future.
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