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Chempricehub Alert: Jiu Hong Chemical's DOTP quotation has declined.
Published on 2026-04-29

On April 29, Kaifeng Jiuhong Chemical Co., Ltd. reported normal operation of equipment for DBP and DIBP, with a total annual capacity of 240,000 tons. The DOTP quotation dropped to 9,355 yuan/ton. According to Chempricehub's assessment of DOTP, the long-short score is -1. The decline in DOTP price to 9,355 yuan/ton indicates weak market demand or increased supply, exerting a generally bearish impact on spot prices. Normal equipment operation and stable capacity further intensify supply pressure, potentially causing continued price weakness.

For DBP, the long-short score is -0.5. Normal equipment operation and stable total annual capacity of 240,000 tons ensure ample supply, which may exert slight downward pressure on DBP spot prices. Although no direct quotation is provided, capacity release suggests a looser supply-demand balance.

For DIBP, the long-short score is -0.5. Stable capacity and normal equipment operation imply sustained supply output, having a slight bearish impact on DIBP spot prices. Combined with the overall industry situation, the risk of oversupply may cap upward price potential.

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