March 2nd News
On March 2nd, Zhenjiang Liancheng Chemical Industry Co., Ltd. announced a factory price of 7,800 yuan/ton for its annual production of 260,000 tons of plasticizer DOP, marking an increase of 150 yuan/ton. Chempricehub's analysis of DOP, with a long-short score of 1, indicates that the rise in DOP factory prices by 150 yuan/ton to 7,800 yuan/ton reflects increased confidence from the production side, likely driven by rising raw material costs or growing downstream demand. This adjustment directly benefits spot prices, and it is expected that the spot market will continue its upward trend in the short term, as price hikes by producers typically signal tighter supply conditions.