On February 3, Shandong Shengfeng Chemical Co., Ltd. quoted the DOP execution price at 7,805 yuan per ton, down by 100 yuan per ton. PriceSeek analysis of DOP, with a long-short score of -1, indicates that the spot price of DOP fell by 100 yuan per ton to 7,805 yuan per ton, reflecting increased market supply or weak demand, which exerts downward pressure on spot prices. The decline of approximately 1.28% is considered a moderate bearish signal, possibly due to inventory adjustments by enterprises or weakened downstream demand. Close attention should be paid to subsequent changes in market supply and demand.
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