ChemPriceHub Important Notice: Shandong Shengfeng's DOP quotation has increased by 150 yuan.

On January 15, Shandong Shengfeng Chemical Co., Ltd. quoted the DOP execution price at 7,455 yuan/ton, an increase of 150 yuan/ton compared to the previous period. PriceSeek's analysis of DOP indicates a long-short score of 1.5. The spot price of DOP has risen by 150 yuan/ton to 7,455 yuan/ton, suggesting a tightening market supply or a recovery in demand, which constitutes a significant positive factor for spot prices. This increase reflects rising production costs for enterprises or heightened purchasing enthusiasm from downstream sectors. It is expected that DOP prices will maintain a strong upward trend in the short term.