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Home > News > Insufficient market inquiries for DOP (Sep 18, 2026)

Insufficient market inquiries for DOP (Sep 18, 2026)

Published on 2026-09-18
  1. Today's Summary

① The DOP market declined, with a drop of 100 RMB/ton.

② Today's domestic DOP capacity utilization rate stands at 55%.

  1. Spot Market Overview

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

Market Pricing Terms Previous Period Current Period Change Change %
North China Ex-works 10425 10325 -100 -0.96%
Shandong Ex-works 10500 10450 -50 -0.48%
Jiangsu Delivered 10750 10650 -100 -0.93%
Zhejiang Ex-works 10700 10600 -100 -0.93%
South China Delivered 10800 10750 -50 -0.46%
Key Upstream - Octanol
Shandong Ex-works 9500 9400 -100 -1.05%

Data Source: Chempricehub Information

Taking the Jiangsu region as the benchmark, today's mainstream DOP price is 10,650 RMB/ton on a delivered basis, aligning with morning expectations. Today, raw material octanol prices fell, causing DOP market prices to continue weakening. Merchants are actively shipping goods, and low-price transactions have been frequently reported. However, end-user buying interest remains insufficient, inquiry activity is sluggish, and demand support is weak.

  1. Production Dynamics

The DOP capacity utilization rate remains at 55%. Regarding profits, phthalic anhydride prices remained stable, while East China octanol prices declined. Consequently, DOP prices dropped, resulting in a profit margin of -22 RMB/ton.

  1. Price Forecast

Currently, DOP market prices continue to weaken due to insufficient demand follow-through. Merchants maintain a wait-and-see attitude toward market trends. It is expected that DOP market prices will continue to soften and decline.

  1. Related Products Status

Octanol Market: Today, the domestic octanol market center fluctuated within a narrow range, with spot negotiations trending slightly downward. Mainstream plant offers remained firm, supported by international crude oil and propylene prices, but buying interest was average. Industry inventory levels are currently relatively low; merchants are operating cautiously, and market trading activity is lackluster.

  1. Data Calendar

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

Indicator Release Date Previous Value Current Trend Forecast
DOP Weekly Output Thursday 16:00 PM 2.48
DOP Weekly Average Capacity Utilization Rate Thursday 16:00 PM 54%
DOP Weekly Average Production Profit Thursday 16:00 PM -7

Data Source: Chempricehub Information
Notes:

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

Comments

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  • Olivier Dupont 2026-09-18 20:12
    DOP’s 100 RMB/ton drop reflects weak downstream demand and falling octanol feedstock costs. With capacity utilization at 55%, negative margins are squeezing producers. Merchants are aggressively shipping to clear invent..
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