Morning Market Update: DOP

I. Key Points

1. Octanol prices declined; phthalic anhydride (PA) prices remained weak.
2. DOP capacity utilization stood at 56%.
3. DOP market transactions were sluggish.

Core Logic: Raw material price drops drove rigid-demand-based DOP transactions.

II. Price Table

Notes:

1. Octanol and DOP refer to national standard premium grade products.
2. Prices for both commodities are in RMB per ton.
3. The RMB prices listed above represent current working day prices, inclusive of tax, on a factory ex-works cash basis.
4. Change rate indicates the period-over-period percentage change.

III. Market Outlook

Raw material octanol prices remained stable, but DOP market transaction volumes were insufficient. End-users engaged in small-lot purchases, causing market prices to continue declining. Although lower quotes were observed, buying interest remained limited. DOP market prices are expected to maintain a weak downward trend today.

IV. Data Calendar