DOP Market Price Increase (October 8–10, 2026)

1. Key Market Focus This Week

1. Feedstocks: Octanol prices rose; phthalic anhydride (PA) prices increased.
2. Production: The average weekly capacity utilization rate for DOP units was 46%.

2. Weekly Market Analysis

Data Source: Chempricehub Information

This week, the delivered price range for DOP in Jiangsu fluctuated between 10,500 and 10,850 yuan/ton. Following the return to market after the holiday, crude oil and propylene prices rose significantly, boosting buying sentiment in the DOP market. End-users and traders engaged in necessary restocking transactions. Supported by transaction volume and rising costs, DOP prices climbed. However, towards the weekend, with prices remaining high, buying activity slowed as participants prioritized consuming previous orders, leading to a cautious wait-and-see attitude in the market.

3. Analysis of Market Influencing Factors

① Some DOP plants reduced or halted production, leading to a decline in output.
② Concentrated restocking by end-users and traders resulted in increased transaction volumes.
③ Prices for octanol and phthalic anhydride rose, but the rapid increase in DOP prices led to improved profit margins.

4. Next Week's Market Forecast

Cost pressure from the feedstock octanol remains significant, with expectations for further price increases. Supply of naphthalene-based phthalic anhydride is slightly tight, while ortho-xylene-based phthalic anhydride faces feedstock shortages, supporting price stability. Consequently, DOP production costs are expected to continue rising. Currently, DOP market profitability remains acceptable, so suppliers are focusing on shipments. End-users maintain rigid demand purchases despite high prices. Next week, strong DOP prices at elevated levels will likely be driven primarily by feedstock cost support.

For more weekly market analysis, please refer to the Chempricehub DOP Weekly Report.