On January 7, the business-to-business ratio index for isooctanol and DOP stood at 109.92, unchanged from the previous day. This represents a decrease of 25.58% from the cycle high of 147.70 points (recorded on February 7, 2022) and an increase of 19.82% from the cycle low of 91.74 points (recorded on November 3, 2015). (Note: The cycle refers to the period from January 1, 2012, to the present.) Isooctanol prices fluctuated with an upward trend, while DOP prices rose, with reduced downward pressure and increased upward momentum for DOP.

On January 7, the business-to-business ratio index for phthalic anhydride and DOP was 88.54, an increase of 0.48 points from the previous day. This represents a decrease of 21.74% from the cycle high of 113.13 points (recorded on October 16, 2022) and an increase of 96.02% from the cycle low of 45.17 points (recorded on July 27, 2021). (Note: The cycle refers to the period from January 1, 2012, to the present.) Phthalic anhydride prices fluctuated with an upward trend, while DOP prices also showed volatility with an upward movement, with increased upward momentum and reduced downward pressure for DOP.

On January 8, the DOP market in Jiangsu exhibited strong consolidation, with quotations at 7,400 yuan per ton. In Shandong, the DOP market also showed strong consolidation, with quotations at 7,250 yuan per ton. In Zhejiang, the DOP market displayed strong consolidation, with quotations at 7,500 yuan per ton.

On January 8, the price of phthalic anhydride, a raw material for DOP, fluctuated with an upward trend, while isooctanol prices also showed volatility with an upward movement. The cost of DOP raw materials experienced a strong increase, and DOP production capacity declined. Downstream market conditions were average, with demand primarily driven by essential needs. Downstream customers exhibited moderate purchasing willingness, and transaction prices were subject to negotiation. DOP quotations ranged from 7,250 to 7,500 yuan per ton, showing strong consolidation. Actual transaction prices rose, with increased bullish factors and reduced bearish factors for DOP, leading to a strong consolidation in the DOP market.