① Today, domestic DBP prices in Henan and Shandong decreased by 50 yuan/ton, while prices in North China and South China fell by 100 yuan/ton.
② Today, the domestic DBP operating rate stood at 38%.
Table 1: Summary of Domestic DBP Industry Chain Prices (Unit: Yuan/Ton)
| Product | Market | Previous Period | Current Period | Change | Change Rate |
|---|---|---|---|---|---|
| DBP | Shandong | 11300 | 11250 | -50 | -0.44% |
| Henan | 10900 | 10850 | -50 | -0.46% | |
| North China | 11000 | 10900 | -100 | -0.91% | |
| South China | 11100 | 11000 | -100 | -0.90% | |
| Key Upstream | Phthalic Anhydride (Naphthalene Process) | Hebei | 10000 | 9800 | -200 |
| n-Butanol | Shandong | 8450 | 8400 | -50 |
Taking the Henan region as the benchmark, today’s DBP closed at 10,850–10,900 yuan/ton, consistent with morning expectations. Today, domestic DBP market prices softened and declined, with increased wait-and-see sentiment. It is reported that raw materials phthalic anhydride and n-butanol have continued to fall, weakening cost support for DBP prices. Meanwhile, downstream demand was limited to essential purchases at lower levels, with cautious trading behavior resulting in sluggish inquiries and transactions.
Today, the domestic DBP capacity utilization rate was 38%. With falling prices for raw materials phthalic anhydride and n-butanol, the current profitability level for DBP products is approximately 871 yuan/ton.
Currently, both raw material prices are declining, leading to weaker cost support for DBP. Downstream buyers are primarily making essential purchases at lower price points, while market inquiries and transactions have slowed. Consequently, the DBP market is expected to remain volatile and weak in the near term.
DOP Market: Today, as the price of the raw material 2-EH (2-ethylhexanol) declined, DOP market prices followed a downward trend. Approaching the weekend, merchants actively sought to sell inventory. In the afternoon, upstream propylene prices rose significantly, which moderately boosted buying sentiment among DOP merchants. As traders replenished short positions, transactions improved for some low-priced goods.
Table 2: Domestic DBP Data Overview (Units: 10,000 tons, Yuan/Ton)
| Indicator | Release Time | Previous Period | Trend Forecast |
|---|---|---|---|
| Weekly Capacity Utilization Rate | Thursday 17:00 | 37% | ↘ |
| Weekly Output | Thursday 17:00 | 0.78 | ↘ |
| Weekly Average Profit | Thursday 17:00 | 633 | ↘ |
Note:
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