In May, China imported DOP4977.5 tons, the import volume continued to show a decline, compared with the previous month reduced 3678.71 tons, down 42.5%. Compared with the same month last year, it decreased by 5516.4 tons, a decrease of 52.6 percent. The cumulative imports from January to May 2019 were 53,156.03 tons, up 14,707.63 tons, or 38.25%, from 38,448.4 tons in the same period last year.

DOP imports were still mainly from Taiwan, China, with a volume of 4560.63 tons in May, accounting for 91.63%. Looking back at the number of DOP from Taiwan of China from January to April, the proportion is generally more than 90%. In January, the DOP from Taiwan of China reached 10340.17 tons, accounting for 93.44%; In February, the DOP from Taiwan of China was 15,850.11 tons, accounting for 95.6%; In March, it was 11,070.74, accounting for 93%; And 8,489.96 tons in April, accounting for 98%.

May imports continued to decline, and China's market continued to decline, oversupply is difficult to get out of. In May, China's DOP market continued to explore the bottom line, and the loss is obvious, coupled with manufacturers for a long time to go bad, the manufacturers inventory is also accumulated, so the demand for imported goods declined, coupled with limited arbitrage space, the enthusiasm of the operation is also declining.

As shown in the figure above, it is the DOP export situation, and the export volume has increased significantly in 2019. According to statistics, the cumulative export from January to May was 3777 tons, compared with the export volume from January to May last year of 1644 tons, an increase of 2133 tons, an increase of 129.74%. In view of the increase in export volume, most of it is China's oversupply, domestic demand is difficult to improve, and new consumption methods are sought. China's DOP export countries are also increasing.

in the stage of buying up led to improved trading, some oversold phenomenon under the supply level fell, and the raw material octanol is still increased, the cost support role is still there, led merchants to support the price, but is still in the traditional off-season, demand follow-up is not comprehensive, facing the rise, caution is still, under the pursuit of high risk, high base new single is also limited, and in the long run, Supply accumulation risk is still there, it is expected that the short-term DOP market is still more stable and firm, just need normal, for imports are still much lower level, will still actively seek the road to export.

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