DOP market prices have declined.

1. Today's Summary

① DOP market prices fell, with a decline of approximately 100 CNY/ton.

② Today’s domestic DOP capacity utilization rate stood at 52%.

2. Spot Market Overview

Table 1: Domestic DOP Price Summary (Unit: CNY/ton)

Data Source: Chempricehub Information

Taking the Jiangsu region as the benchmark, today’s mainstream DOP price was quoted at 10,700 CNY/ton delivered, slightly weaker than morning expectations. Today, raw material prices for octanol and phthalic anhydride rose. However, with merchants actively selling inventory, DOP prices softened, significantly dampening buyer sentiment. Intraday trading activity declined noticeably, with transactions primarily driven by small-volume end-user demand.

3. Production Dynamics

DOP capacity utilization remained at 52%. Regarding profitability, rising prices for ortho-phthalic anhydride and East China octanol, coupled with falling DOP prices, resulted in negative margins of -30 CNY/ton.

4. Price Forecast

Today’s decline in DOP market prices has negatively impacted buyer sentiment. End-users are limited to small-volume purchases based on essential needs, leading to reduced trading activity. However, raw material markets for octanol and phthalic anhydride continue to trend upward, increasing cost pressures in certain regions. Without sufficient transactional support, the DOP market is expected to remain weak tomorrow.

5. Related Product Updates

Octanol Market: Domestic octanol prices rose today. Although propylene prices softened slightly, octanol production costs remained inverted (loss-making). Buyer interest in lower-priced offers was moderate, pushing the weighted average transaction price higher. Overall market activity was lackluster, with buyers mainly replenishing stocks based on immediate requirements.

6. Data Calendar

Table 2: Domestic DOP Data Overview (Units: 10,000 tons, CNY/ton)

Data Source: Chempricehub Information
Notes:

1. ↓↑ indicates significant fluctuations, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates minor fluctuations, highlighting data dimensions with changes within 0–3%.