① DOP market prices fell by 50–100 RMB/ton.
② Today’s domestic DOP capacity utilization rate stood at 56%.
Table 1: Domestic DOP Price Summary (Unit: RMB/ton)
| Market | Pricing Basis | Previous Period | Current Period | Change | Change % |
|---|---|---|---|---|---|
| North China | Ex-works | 10325 | 10225 | -100 | -0.97% |
| Shandong | Ex-works | 10450 | 10400 | -50 | -0.48% |
| Jiangsu | Delivered | 10650 | 10600 | -50 | -0.47% |
| Zhejiang | Ex-works | 10600 | 10550 | -50 | -0.47% |
| South China | Delivered | 10750 | 10750 | 0 | 0.00% |
| Key Upstream - Octanol | |||||
| Shandong | Ex-works | 9400 | 9200 | -200 | -2.13% |
Data Source: Chempricehub Information
Using the Jiangsu region as a benchmark, today’s mainstream DOP price was 10,600 RMB/ton delivered, consistent with morning expectations. Today, raw material octanol prices declined, causing DOP market prices to continue falling. Market inquiry activity remained sluggish, and some transactions still offered room for negotiation. Currently, traders hold bearish sentiment towards the raw materials market, resulting in average transaction volumes.
The DOP capacity utilization rate is at the 56% level. Regarding profitability, phthalic anhydride prices fell, East China octanol prices declined, and DOP prices dropped, leaving a profit margin of 48 RMB/ton.
Current declines in DOP market prices have failed to stimulate buying interest. Downstream users showed little enthusiasm for inquiries during the day, and trading in the raw materials market also appeared quiet. The DOP market price is expected to continue trending downward.
Octanol Market: Today, high-end quotes for the domestic octanol market followed the decline. Buyer interest remained moderate, with small-to-medium volume transactions dominating the market. Recently, octanol supply has increased, while downstream users have slowed their spot procurement pace. Industry inventories have risen slightly, and market participants are primarily adopting a wait-and-see approach.
Table 2: Domestic DOP Data Overview (Unit: 10k tons, RMB/ton)
| Data Indicator | Release Date | Previous Period | Expected Trend This Period |
|---|---|---|---|
| DOP Weekly Output | Thursday 16:00 PM | 2.48 | ↗ |
| DOP Average Weekly Capacity Utilization | Thursday 16:00 PM | 54% | ↗ |
| DOP Average Weekly Production Profit | Thursday 16:00 PM | -7 | ↘ |
Data Source: Chempricehub Information
Notes:
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