March 2nd News
On March 2nd, Dongying Yimeide Chemical, with an annual production capacity of 200,000 tons of plasticizers, quoted the ex-factory price of DOP at 7,600 yuan/ton, an increase of 300 yuan/ton. Chempricehub's analysis of DOP shows a long-short score of 1.5. The ex-factory price of DOP rose by 300 yuan/ton to 7,600 yuan/ton, representing an increase of 4.1%. This indicates that Dongying Yimeide Chemical, as a major producer of plasticizers with an annual output of 200,000 tons, has adjusted its prices in response to tightening market supply or strengthening demand. This move is expected to provide strong support for spot prices, driving an overall upward trend in the market and benefiting bullish sentiment. However, attention should be paid to whether subsequent changes in supply and demand will persist.