February 10th News
On February 10th, Dongying Yimeide Chemical's annual production capacity of 200,000 tons of plasticizers saw the ex-factory price of DOP quoted at 7,300 yuan/ton, a decrease of 200 yuan/ton. Chempricehub's analysis of DOP gave a long-short score of -1. The ex-factory price of DOP from Dongying Yimeide Chemical dropped by 200 yuan/ton to 7,300 yuan/ton, indicating ample market supply or weak demand, putting pressure on spot prices. This event reflects potential inventory accumulation or reduced downstream procurement in the plasticizer industry, exerting a generally bearish impact on DOP spot prices. It is expected that prices may continue to decline in the short term.