On February 5, Zhenjiang Liancheng Chemical Industry Co., Ltd. quoted the ex-factory price of its 260,000-ton-per-year plasticizer, DOP, at 7,900 yuan per ton, a decrease of 50 yuan per ton. PriceSeek analysis of DOP, with a long-short score of -1: The ex-factory price of DOP dropped by 50 yuan per ton, from 7,900 yuan per ton to 7,850 yuan per ton, indicating ample market supply or weakened demand, exerting downward pressure on spot prices. This event reflects bearish sentiment on the production side, likely due to increased inventory or a slowdown in downstream procurement, constituting a general bearish factor.
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