Transaction volume in the DOP market has improved.

1. Today’s Summary

① DOP market prices rose, with an increase of 50–100 RMB/ton.

② Today’s domestic DOP capacity utilization rate stood at 61%.

2. Spot Market Overview

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

Data Source: Chempricehub Information

Taking the Jiangsu region as a benchmark, today’s mainstream DOP price was 11,000 RMB/ton on a delivered basis, consistent with morning expectations. Raw material octanol and phthalic anhydride prices continued to rise. As DOP suppliers shipped goods, prices in the Shandong region led the upside movement in the afternoon, boosting buying interest in East China. Downstream end-users gradually replenished inventory based on actual demand, improving overall market trading sentiment.

3. Production Dynamics

The DOP capacity utilization rate remained at 61%. Regarding profitability, prices for ortho-phthalic anhydride and East China octanol increased, while DOP prices also rose; however, profit margins were negative at -138 RMB/ton.

4. Price Forecast

In the first half of the week, cumulative DOP transactions performed well, providing support for weekly price trends. Additionally, phthalic anhydride and octanol prices remain elevated, offering cost-side support. Therefore, low-priced offers for DOP are expected to decrease tomorrow, with prices likely to edge slightly higher.

5. Related Products Status

Octanol Market: Today, reference quotations for Shandong octanol were 9,850 RMB/ton. Major producers maintained low inventory levels, with some ex-works prices slightly higher, though transaction volumes were lackluster. Downstream users remained cautious about purchasing high-priced octanol, resulting in sporadic new orders. Although propylene feedstock prices rebounded, they have not yet stimulated broader buying sentiment.

6. Data Calendar

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

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%.