On January 5th, Zhenjiang Liancheng Chemical Industry Co., Ltd. quoted the ex-factory price of its 260,000-ton annual production capacity plasticizer, DOP, at 7,450 yuan per ton, representing an increase of 100 yuan per ton. PriceSeek's analysis of DOP, with a long-short score of 1, indicates that the 100 yuan per ton rise in DOP ex-factory prices suggests that Zhenjiang Liancheng Chemical Industry Co., Ltd., as a major producer, has raised prices, reflecting tight market supply or increased downstream demand, which is favorable for spot prices. It is expected that DOP spot prices will maintain an upward trend in the short term, benefiting market trading activity.
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