① Domestic DOTP market prices continued to rise today, with an increase of 100–200 yuan/ton.
② Today’s domestic DOTP capacity utilization rate was 59%, indicating that overall operating rates are at a moderate level.
Table 1: Summary of Domestic DOTP Prices (Unit: Yuan/Ton)
| Market | Price Basis | Previous Period | Current Period | Change | Change Rate |
|---|---|---|---|---|---|
| Shandong | Ex-works | 10400 | 10600 | 200 | 1.92% |
| Zhejiang | Ex-works | 10500 | 10700 | 200 | 1.90% |
| Jiangsu | Delivered | 10650 | 10800 | 150 | 1.41% |
| North China | Ex-works | 10450 | 10600 | 150 | 1.44% |
| Guangdong | Delivered | 10750 | 10850 | 100 | 0.93% |
| Key Upstream | |||||
| Shandong Octanol | Ex-works | 9500 | 9500 | 0 | 0.00% |
Using the Zhejiang region as a benchmark, the quoted price for DOTP in the Zhejiang market closed at 10,700 yuan/ton today, up by 200 yuan/ton from the previous working day, aligning with morning expectations.
Domestic DOTP market prices rose today, with increases ranging from 100 to 200 yuan/ton. Raw material PTA prices continued to climb, while octanol prices remained stable at high levels. The cost side provided favorable support for DOTP, prompting sellers to continue testing higher offers. Buyers primarily focused on low-price purchases driven by rigid demand, showing caution in following higher prices.
Today’s domestic DOTP capacity utilization rate stood at 59%, reflecting a moderate overall operating level. Regarding profitability, East China octanol prices remained stable, while PTA prices increased. With DOTP prices rising in the Zhejiang market, theoretical profit margins for sample enterprises in the region expanded, reaching a theoretical profit of 472 yuan/ton today.
On the cost side, core raw material octanol factory prices remain stable at high levels. For the other key raw material, PTA, firm crude oil prices provide cost-side support, suggesting short-term spot markets may trend stronger. Cost factors continue to underpin the DOTP market, and sellers are expected to maintain firm pricing strategies. However, cautious buyer response to higher prices may limit the extent of further price increases.
Mainstream transaction prices for octanol in the Shandong market were 9,500–9,500 yuan/ton today. Spot trading activity was subdued as downstream users consumed existing inventory. Some ex-factory offers were slightly higher but resulted only in small-volume transactions. Sellers realizing profits offered lower prices, leading to a stalemate in market negotiations.
Table 2: Domestic DOTP Data Overview (Unit: 10,000 tons, Yuan/Ton)
| Indicator | Release Time | Previous Period | Expected Trend |
|---|---|---|---|
| Weekly DOTP Output | Thursday 16:00 PM | 3.95 (10k tons) | ↗ |
| Average Weekly Capacity Utilization | Thursday 16:00 PM | 60.95% | ↗ |
| Average Weekly Profit | Thursday 16:00 PM | 311 | ↘ |
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