① DOP market prices fell by 100 CNY/ton.
② Today’s domestic DOP capacity utilization rate stood at 55%.
Table 1: Domestic DOP Price Summary (Unit: CNY/ton)
| Market | Pricing Basis | Previous Period | Current Period | Change | % Change |
|---|---|---|---|---|---|
| North China | Ex-works | 10,025 | 9,925 | -100 | -1.00% |
| Shandong | Ex-works | 10,100 | 10,050 | -50 | -0.50% |
| Jiangsu | Delivered | 10,300 | 10,200 | -100 | -0.97% |
| Zhejiang | Ex-works | 10,250 | 10,150 | -100 | -0.98% |
| South China | Delivered | 10,500 | 10,350 | -150 | -1.43% |
| Key Upstream – Octanol | |||||
| Shandong | Ex-works | 9,100 | 9,025 | -75 | -0.82% |
Data Source: Chempricehub Information
Using the Jiangsu region as a benchmark, today’s mainstream DOP price was 10,200 CNY/ton (delivered), consistent with morning expectations. Today, raw material octanol prices declined, causing DOP market prices to continue falling. Sellers actively pushed shipments, while downstream users maintained small-lot purchasing driven by rigid demand. The prevailing wait-and-see sentiment remained high, resulting in an overall average trading atmosphere.
The DOP capacity utilization rate is at the 55% level. Regarding profitability, phthalic anhydride prices fell, East China octanol prices declined, and DOP prices dropped, leading to a profit margin of -119 CNY/ton.
Currently, the DOP market trading atmosphere is average. Although lower prices are frequently reported, they have limited stimulus on buying interest. Sellers remain cautious regarding upstream raw material price trends. It is expected that DOP market prices will continue to trend weakly with slight downward adjustments tomorrow.
Octanol Market: Today, the center of gravity for the domestic octanol market shifted lower. Trading in the downstream plasticizer market was sluggish, with most buyers maintaining a wait-and-see attitude towards spot octanol. Shandong producers showed obvious willingness to sell, with negotiated prices for actual orders being relatively low. Reference prices in other regions followed suit with similar declines. Buyer intent prices remained at low levels, and the market negotiation atmosphere was poor.
Table 2: Domestic DOP Data Overview (Units: 10k tons, CNY/ton)
| Indicator | Release Date | Previous Value | Expected Trend |
|---|---|---|---|
| DOP Weekly Output | Thursday 16:00 PM | 2.48 | ↗ |
| DOP Weekly Avg Capacity Utilization | Thursday 16:00 PM | 54% | ↗ |
| DOP Weekly Avg Production Profit | Thursday 16:00 PM | -7 | ↘ |
Data Source: Chempricehub Information
Notes:
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