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DOP Market Price Rise (September 8, 2026)

Published on 2026-09-08
  1. Daily Summary
  • DOP market prices rose by RMB 100–250/tonne.
  • Domestic DOP capacity utilization stood at 55% today.
  1. Spot Market Overview

Table 1 Domestic DOP Price Summary (Unit: RMB/tonne)

Market Price Basis Previous Current Change % Change
North China Ex-warehouse 9725 9975 250 2.57%
Shandong Ex-warehouse 9750 9925 175 1.79%
Jiangsu Delivered 10050 10150 100 1.00%
Zhejiang Ex-warehouse 9975 10050 75 0.75%
South China Delivered 10050 10150 100 1.00%
Key upstream – octanol
Shandong Ex-warehouse 8850 8875 25 0.28%

Source: Chempricehub Information

Taking the Jiangsu region as the benchmark, the mainstream DOP price stood at RMB 10,150/tonne delivered today, broadly in line with the morning forecast. Costs in today's DOP market remained at elevated levels, and mainstream sellers continued to raise their opening prices. Supported by higher crude oil prices and strong cost support, intraday trading sentiment was fairly good. In the afternoon, some sellers further raised prices by around RMB 100/tonne, lending additional upward momentum, while most mainstream suppliers kept their sales volumes under tight control.

  1. Production Update

DOP capacity utilization remained at 55%. In terms of profitability, phthalic anhydride prices rose, while octanol prices in East China held steady; with DOP prices increasing, the profit margin reached RMB 34/tonne.

  1. Price Forecast

Intraday DOP trading was smooth, with buying sentiment driven by firm price support from the feedstock markets. Backed by both active trade and firm cost support, DOP prices are expected to extend their upward trend tomorrow.

  1. Related Product Developments

Octanol market: The domestic octanol market held firm at a high level today. With international crude oil and feedstock propylene prices rising sharply, trading sentiment for new orders in the octanol market improved. Spot transaction prices edged higher, while downstream users mostly maintained rigid-demand purchasing, and spot supply remained tight.

  1. Data Calendar

Table 2 Domestic DOP Data Overview (Units: 10,000 tonnes, RMB/tonne)

Data Item Release Date Previous Data Expected Trend
DOP weekly output Thursday 16:00 2.54
DOP weekly average capacity utilization Thursday 16:00 55%
DOP weekly average production profit Thursday 16:00 -62
Source: Chempricehub Information. Notes: 1. ↓/↑ indicates a sharp fluctuation, highlighting data with a change rate of more than 3%. 2. ↗/↘ indicates a narrow fluctuation, highlighting data with a change rate within 0–3%.

Comments

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  • Olivier Dupont 2026-09-08 20:09
    With feedstock costs firm and capacity utilization only 55%, this DOP rally seems cost-driven rather than demand-led. Downstream buying interest may limit upside, so margins could stay thin. Expect cautious follow-throug..
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