Chempricehub News: The Butanol/Octanol-Phthalic Anhydride-Plasticizer Market Seminar is scheduled for September 10-11, 2026 in Guangzhou, Guangdong. New and old friends are welcome to gather in Guangzhou and discuss new industry developments. Conference hotline: 0533-7026069, Qi Ying.
| Product | Region/Category | Current-period average | Previous-period average | Change | Change rate | Unit |
|---|---|---|---|---|---|---|
| Octanol | Shandong | 8710 | 8640 | 70 | 0.81% | RMB/ton |
| PTA | East China | 6307 | 6236 | 71 | 1.14% | RMB/ton |
| DOTP | Zhejiang | 9690 | 9530 | 160 | 1.68% | RMB/ton |
| DOP | Zhejiang | 9695 | 9535 | 160 | 1.68% | RMB/ton |
Data source: Chempricehub News
During this period, domestic DOTP market prices trended upward overall. In the Zhejiang region, the weekly mainstream offer range ran at RMB 9,500–9,900/ton. At the start of the period, trading activity for new DOTP orders was sluggish, and participants held a bearish outlook, with some low-priced cargo sold off in the market. Later, as geopolitical tensions escalated, international crude oil strengthened sharply and lifted the broader chemical sector, prompting market sentiment to shift from pessimistic to optimistic. Traders covered short positions and moderately built inventories, while downstream plants followed up with need-based restocking. Low-priced cargo transactions expanded rapidly. Driven by bullish sentiment, DOTP sellers limited sales volumes and were reluctant to sell, pushing market offers higher continuously. As the phased restocking demand was gradually released, downstream buyers became more cautious about high-priced cargo and high-price trading sentiment cooled. Still, cost-side support remained, and DOTP sellers generally maintained a price-supportive, wait-and-see stance.
The domestic DOTP market is expected to run with high-level consolidation in the coming period, with the average price possibly rising. The expected operating range in the Zhejiang region is RMB 9,700–10,000/ton.
Cost side: Spot supply of the core raw material octanol is limited, providing support for the market bottom. Octanol is expected to consolidate at high levels next week. For the other raw material, PTA, supply is anticipated to increase, which may weigh on the market. Overall, the DOTP cost outlook is mixed, but there is still certain bottom support.
Supply and demand side: End-user demand is broadly stable, with downstream buyers mainly procuring on price dips for essential needs and becoming increasingly cautious about high-priced cargo. Meanwhile, there are some profit-taking positions in the market, and changes in market sentiment need to be closely monitored.
Comprehensive judgment: At present, DOTP cost-side factors are mixed, and supply-demand fundamentals provide limited upward impetus. In the short term, sellers will likely maintain firm offers and adopt a wait-and-see stance. If bearish factors emerge later, profit-taking positions in the market may choose to sell with concessions, dragging the market down. In addition, geopolitical uncertainties persist. Market attention should focus on the evolution of the geopolitical situation in the Strait, guarding against price fluctuations triggered by a rapid shift in crude oil market sentiment. The mainstream operating range for the Zhejiang DOTP market next week is expected to be RMB 9,700–10,000/ton.
Chempricehub News: The Butanol/Octanol-Phthalic Anhydride-Plasticizer Market Seminar is scheduled for September 10-11, 2026 in Guangzhou, Guangdong. New and old friends are welcome to gather in Guangzhou and discuss new industry developments. Conference hotline: 0533-7026069, Qi Ying.
For more weekly market analysis, please refer to the Chempricehub News DOTP Weekly Report.
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