① Today, domestic DBP prices in Shandong and South China regions rose by 200 RMB/ton, while Henan and North China regions saw an increase of 100 RMB/ton.
② Today, the domestic DBP operating rate stood at 37%.
Table 1: Domestic DBP Industry Chain Price Summary (Unit: RMB/ton)
| Product | Market | Previous Period | Current Period | Change | Change % |
|---|---|---|---|---|---|
| DBP | Shandong | 11150 | 11350 | 200 | 1.79% |
| Henan | 11000 | 11100 | 100 | 0.91% | |
| North China | 11100 | 11200 | 100 | 0.90% | |
| South China | 11000 | 11200 | 200 | 1.82% | |
| Key Upstream | |||||
| n-Butanol | Shandong | 8550 | 8700 | 150 | 1.75% |
| Phthalic Anhydride (Naphthalene Process) | Hebei | 10050 | 10200 | 150 | 1.49% |
| Data Source: Chempricehub |
Based on the Henan region benchmark, today's DBP closed at 11,100–11,100 RMB/ton, aligning with morning expectations. Today, domestic DBP market prices trended upward. It is reported that raw material prices for phthalic anhydride and n-butanol continued to rise, strengthening cost support. However, downstream users engaged in opportunistic purchasing based on rigid demand, maintaining cautious operations primarily buying on dips. Market inquiries and transactions remained average. Plant operating rates were low, resulting in limited supply.
Today, the domestic DBP capacity utilization rate was 37%. With significant price increases in raw materials phthalic anhydride and n-butanol, the current profit margin for DBP products stands at approximately 591 RMB/ton.
Currently, both raw material markets remain at high levels, providing strong cost support. The DBP operating rate remains low, leading to limited market supply. Downstream users are mainly conducting opportunistic purchases based on rigid demand, while market inquiries and transactions have cooled down. The DBP market is expected to consolidate at high levels in the near term.
DOP Market: Today, prices for raw materials 2-EH (n-octanol) and phthalic anhydride rose, causing DOP prices to follow the cost increase. However, price transmission at these high levels faced resistance. Downstream users exhibited a wait-and-see attitude regarding new purchases. Moreover, many had already secured inventory last week and currently have sufficient stock available. Consequently, overall market trading sentiment remained average.
Table 2: Domestic DBP Data Overview (Unit: 10,000 tons, RMB/ton)
| Data Indicator | Release Date | Previous Period Data | Current Trend Forecast |
|---|---|---|---|
| Weekly Capacity Utilization Rate | Thursday 17:00 | 39% | ↘ |
| Weekly Output | Thursday 17:00 | 0.81 | ↘ |
| Weekly Average Profit | Thursday 17:00 | 540 | ↘ |
| Data Source: Chempricehub Remarks: 1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates narrow-range fluctuation, highlighting data dimensions with changes within 0-3%. |
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