On February 6, the 50,000-ton plasticizer production equipment of Zhejiang Hongbo New Material Technology Co., Ltd. operated normally. The DOP quotation was 8,000 yuan per ton, down by 150 yuan per ton. PriceSeek analyzed DOP with a long-short score of -1.5. The article indicated that the spot quotation of DOP fell by 150 yuan per ton to 8,000 yuan per ton, suggesting ample market supply or weak demand. The normal operation of production equipment reinforced expectations of stable supply, which may further pressure prices. This significant decline reflects a strong short-term bearish signal, exerting downward pressure on spot prices.
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