① DOP market prices rose by 100 yuan/ton.
② Today’s domestic DOP capacity utilization rate stood at 52%.
Table 1: Domestic DOP Price Summary (Unit: Yuan/ton)
| Market | Pricing Terms | Previous Period | Current Period | Change | % Change |
|---|---|---|---|---|---|
| North China | Ex-works | 10,075 | 10,025 | -50 | -0.50% |
| Shandong | Ex-works | 10,200 | 10,250 | +50 | +0.49% |
| Jiangsu | Delivered | 10,400 | 10,500 | +100 | +0.96% |
| Zhejiang | Ex-works | 10,250 | 10,350 | +100 | +0.98% |
| South China | Delivered | 10,400 | 10,550 | +150 | +1.44% |
| Key Upstream – n-Butanol | |||||
| Shandong | Ex-works | 8,900 | 8,950 | +50 | +0.56% |
Data Source: Chempricehub Information
Based on the Jiangsu region as a benchmark, today’s mainstream DOP price was 10,500 yuan/ton (delivered), consistent with morning expectations. Raw material n-butanol prices increased, prompting DOP traders in multiple regions to hold firm on pricing while selling inventory. With the National Day holiday approaching, many traders planned to over-sell stock ahead of the break. However, buying sentiment weakened slightly compared to yesterday, with downstream users maintaining moderate purchases driven by genuine demand.
The DOP capacity utilization rate remained at 52%. Regarding profitability, phthalic anhydride prices via the ortho-xylene process were stable, while n-butanol prices in East China rose. Consequently, DOP prices increased, resulting in a profit margin of 202 yuan/ton.
Currently, low-priced DOP offers are scarce in the market. Traders remain focused on actively over-selling inventory for the upcoming National Day holiday. Buying sentiment has weakened slightly compared to yesterday, with transactions primarily driven by essential demand. It is expected that DOP market prices will see narrow-range consolidation tomorrow.
n-Butanol Market: Today, domestic n-butanol prices saw a slight increase. Downstream users maintained their purchasing pace based on genuine demand ahead of the holiday, resulting in mild transaction activity. Current industry operating rates have risen to medium-high levels, leading to ample supply. Without significant positive catalysts, buyers engaged in opportunistic restocking at lower levels, while sellers maintained light inventory positions.
Table 2: Domestic DOP Data Overview (Unit: 10,000 tons, Yuan/ton)
| Indicator | Release Date | Previous Period | Expected Trend for Current Period |
|---|---|---|---|
| DOP Weekly Output | Thursday 16:00 PM | 2.55 | ↘ |
| DOP Average Weekly Capacity Utilization Rate | Thursday 16:00 PM | 55% | ↘ |
| DOP Average Weekly Production Profit | Thursday 16:00 PM | 31 | ↗ |
Data Source: Chempricehub Information
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