| Product | Region/Category | Current Avg Price | Previous Avg Price | Change Value | Change % | Remarks |
|---|---|---|---|---|---|---|
| DOP | North China | 10,500 | 10,150 | +350 | +3.45% | Ex-factory |
| Jiangsu | 10,733 | 10,525 | +208 | +1.98% | Delivered | |
| Guangdong | 10,767 | 10,600 | +167 | +1.58% | Delivered |
Unit: CNY/ton
Data Source: Chempricehub Information
This week, the delivered price range for DOP in Jiangsu fluctuated between 10,600 and 10,850 CNY/ton. Following the holiday, crude oil and propylene prices surged significantly, boosting buying sentiment in the DOP market. End-users and traders engaged in moderate restocking based on rigid demand. Transaction support, combined with rising costs, jointly drove DOP prices higher. However, sustained trading volumes were insufficient at high price levels, leading some regions to offer modest discounts to prioritize volume sales. Supported by the continuous rise in 2-ethylhexanol prices, low-price buying interest improved mid-week, resulting in a slight rebound in prices.
① DOP units that had reduced rates or stopped production are gradually restarting, leading to increased output.
② Market prices saw moderate discounts, prompting end-users and traders to restock based on rigid demand.
③ Prices of 2-ethylhexanol and phthalic anhydride rose. While DOP prices initially softened before recovering, the average weekly profit margin declined.
The 2-ethylhexanol market is expected to remain stable at high levels, with fewer opportunities for low-price purchases. In the phthalic anhydride market, raw material supply is anticipated to increase, suggesting a potential slight decline in prices. Based on raw material trends, DOP production costs are expected to fluctuate within a narrow range. Supply-side output will see a slight increase, with overall circulation focused on shipment. High raw material costs continue to provide strong support for market prices. However, elevated prices may suppress downstream buying sentiment. Considering both supply-demand dynamics and cost factors, short-term market prices are predicted to maintain a pattern of narrow fluctuations.
For more detailed weekly market analysis, please refer to the Chempricehub DOP Weekly Report.
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