Raw Materials: Prices of 2-ethylhexanol and phthalic anhydride rose.
Production: The weekly average capacity utilization rate for DOP units was 57%.
| Figure 1: Trend Chart of Domestic DOP Prices (Unit: CNY/ton) |
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| Source: Chempricehub Information |
Weekly Average Price Change Table for Domestic DOP
Unit: CNY/ton
| Product | Region/Category | Current Period Avg | Previous Period Avg | Change | % Change | Remarks |
|---|---|---|---|---|---|---|
| DOP | North China | 10615 | 10500 | 115 | 1.10% | Ex-works |
| Jiangsu | 10820 | 10733 | 87 | 0.81% | Delivered | |
| Guangdong | 10840 | 10767 | 73 | 0.68% | Delivered |
Source: Chempricehub Information
The price fluctuation range for DOP in the Jiangsu market this period was 10,700–10,900 CNY/ton (delivered). At the beginning of the week, prices opened with continued increases in 2-ethylhexanol, driving cost-push factors in the DOP market. Boosted by improved transactions in DOTP, buying interest gradually increased at the start of the week, leading to concentrated volume trading at lower price points. Supported by transaction volumes and costs, DOP prices remained firm, continuing to hit new year-to-date highs. However, the transmission of higher prices faced resistance; transaction performance for high-priced goods weakened in the second half of the week, while rigid demand purchasing maintained activity in the lower price ranges.
① Some DOP units increased production during the week, resulting in higher output.
② Firm market prices prompted end-users and traders to replenish stocks primarily at the beginning of the week.
③ Rising prices for 2-ethylhexanol and phthalic anhydride led to higher DOP prices, but average weekly profits declined.
Raw material 2-ethylhexanol is expected to consolidate at high levels, primarily supported by elevated costs. The phthalic anhydride market shows a stable yet firm pricing trend; o-xylene-based phthalic anhydride prices are expected to remain stable, while naphthalene-based phthalic anhydride faces tight supply with potential upward movement. From the perspective of raw material trends, DOP market costs will continue to run at high levels. On the supply side, DOP output is expected to increase further, ensuring ample spot supply. The market will likely focus on active shipment, although high prices may dampen buying sentiment among end-users, who will primarily engage in small-scale replenishment based on rigid demand. Meanwhile, raw materials maintaining firm prices will continue to support current levels. DOP market prices are predicted to fluctuate within a narrow range.
For more detailed weekly market analysis, please refer to the Chempricehub DOP Weekly Report.
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