On February 9, Yimede Chemical in Dongyang announced an ex-factory price of 7,500 yuan/ton for its annual production of 200,000 tons of plasticizer DOP, marking a decrease of 250 yuan/ton. PriceSeek's analysis of DOP indicates a bearish score of -1. The ex-factory price of DOP fell by 250 yuan/ton to 7,500 yuan/ton, a decline of approximately 3.33%, suggesting ample supply in the plasticizer market or weak downstream demand, exerting downward pressure on spot prices. The price drop may be attributed to capacity expansion or inventory accumulation, with short-term spot market conditions likely to remain weak.
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