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Chempricehub Alert: Shandong Shengfeng's DOP quotation has increased by 200 yuan.
Published on 2026-03-04
March 4th News — On March 4th, Shandong Shengfeng Chemical Co., Ltd. implemented a DOP quotation of 8,155 yuan per ton, representing an increase of 200 yuan per ton. Chempricehub's analysis of DOP, with a bullish-bearish score of 1: Shandong Shengfeng Chemical raised the DOP execution quotation by 200 yuan per ton to 8,155 yuan per ton, indicating tight spot market supply or increased demand. This increase of approximately 2.5% (based on conventional quotation levels) reflects rising costs (such as fluctuations in crude oil prices) or a recovery in downstream demand, which is favorable for spot prices. The company's proactive price hike may lead to overall bullish sentiment in the market, and it is advisable to monitor changes in supply and demand dynamics.