January 26th News Update
On January 26th, Kaifeng Jiuhong Chemical Co., Ltd., with a total annual capacity of 180,000 tons for DOP, DOTP, and DPHP, announced an ex-factory price of 7,900 RMB/ton (including tax) for DOP, marking an increase of 50 RMB/ton.
Chempricehub Analysis:
**DOP** – Bullish/Bearish Score: 1
The ex-factory price of DOP has risen by 50 RMB/ton to 7,900 RMB/ton (including tax), indicating tightening supply or strengthening demand in the spot market, which is favorable for prices. With the company's annual capacity of 180,000 tons, the price increase reflects bullish sentiment in the industry and may drive spot prices upward.
**DOTP** – Bullish/Bearish Score: 0
The article does not mention specific price changes for DOTP. Based on the available information, there are no direct bullish or bearish factors. As a plasticizer product from the same company, it may be indirectly affected by similar market dynamics, but without supporting data, the impact on spot prices is considered neutral.
**DPHP** – Bullish/Bearish Score: 0
The article does not provide price information for DPHP, making it impossible to determine its specific impact. Although it belongs to the same plasticizer category as DOP, the lack of detailed pricing changes leads to a neutral assessment of its spot price impact. More market data is needed to confirm trends.