On February 4, Shandong Shengfeng Chemical Co., Ltd. quoted DOP at 7,755 yuan per ton, a decrease of 50 yuan per ton. PriceSeek analyzed DOP with a long-short score of -1. The article indicates that the spot price of DOP dropped by 50 yuan per ton to 7,755 yuan per ton, suggesting a potential increase in market supply or weakening demand, leading to intensified downward pressure on prices. This is expected to have a bearish impact on the DOP spot market, with short-term prices likely to remain under pressure. The score of -1 (slightly bearish) is based on the relatively small decline in the quoted price (approximately 0.64%), reflecting a short-term supply-demand imbalance that has not yet reached a significant level.
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