Trading activity in the DOP market has picked up.

1. Today's Summary

① DOP market prices maintained a stable yet firm trend.

② Today's domestic DOP capacity utilization rate stood at 56%.

2. Spot Market Overview

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

Data Source: Chempricehub Information

Using the Jiangsu region as the benchmark, today’s mainstream DOP price was 10,800 CNY/ton on a delivered basis, fully aligning with morning expectations. Raw material n-octanol prices rose, leading to a stable yet firm trend in the DOP market. In the morning, most market quotes remained steady. Driven by rising DOTP prices, transactions at lower DOP price levels improved moderately. Downstream end-users and traders conducted moderate replenishment purchases based on rigid demand, which supported a slight upward movement in afternoon prices; however, follow-up buying at higher price levels slowed down.

3. Production Dynamics

The DOP capacity utilization rate remained at the 56% level. Regarding profitability, phthalic anhydride prices via the o-xylene process were stable, while n-octanol prices in East China increased. As DOP prices also rose, the profit margin stood at -62 CNY/ton.

4. Price Forecast

Intraday transactions in the DOP market improved moderately, with buyers making replenishment purchases driven by rigid demand. Since raw material n-octanol prices continued to trade firmly, DOP is supported by both costs and transaction volumes. It is projected that low-price offers will decrease tomorrow, with the market operating at mid-to-high price levels.

5. Related Products Status

n-Octanol Market: Today’s domestic n-octanol market remained firm due to reduced supply, with earlier low-end offers following the upward trend. Rigid demand from downstream plasticizer users remained stable, and the trading atmosphere in the plasticizer market was acceptable, with buyers conducting moderate replenishment. Spot inventory levels for n-octanol remained low, continuing to support the short-term market center at high levels.

6. Data Calendar

Table 2: Domestic DOP Data Overview (Unit: 10,000 tons, CNY/ton)

Data Source: Chempricehub Information
Notes:

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