February 4th News: On February 4th, Shandong Shengfeng Chemical Co., Ltd. executed a DOP quotation of 7,755 yuan per ton, representing a decrease of 50 yuan per ton. Chempricehub's analysis of DOP, with a bullish-bearish score of -1, indicates that the spot price of DOP has dropped by 50 yuan per ton to 7,755 yuan per ton, suggesting a potential increase in market supply or weakening demand, leading to intensified downward pressure on prices. This is expected to have a bearish impact on the DOP spot market, with short-term prices likely to remain under pressure. The score of -1 (moderately bearish) is based on the relatively small decline in quotation (approximately 0.64%), reflecting a short-term supply-demand imbalance that has not yet reached a significant level.