Raw Materials: Average price of octanol rose; average price of phthalic anhydride rose.
Production: Weekly average capacity utilization rate for DOP units was 54%.
Domestic DOP Price Trend Chart (Unit: CNY/ton)
Data Source: Chempricehub Information
Table: Weekly Average Price Changes for Domestic DOP
Unit: CNY/ton
| Product | Region/Category | Current Period Average | Previous Period Average | Change Value | Change Rate | Remarks |
|---|---|---|---|---|---|---|
| DOP | North China | 10405 | 9925 | 480 | 4.84% | Ex-works |
| Jiangsu | 10715 | 10180 | 535 | 5.26% | Delivered | |
| Guangdong | 10760 | 10170 | 590 | 5.80% | Delivered |
Data Source: Chempricehub Information
During this period, the price fluctuation range for DOP in the Jiangsu market was 10,500–10,800 CNY/ton (delivered). At the beginning of the week, facing significant cost pressure, the DOP market price continued to rise, reaching a new year-to-date high. However, end-users showed low willingness to replenish stocks at these elevated prices and exhibited clear resistance, resulting in thin trading volumes at high prices. Meanwhile, traders largely sold off their profitable inventories, causing the market price to loosen slightly within a narrow range.
① There were production reductions in DOP plants, leading to a slight decrease in output.
② Rising market prices have suppressed buying sentiment at high levels.
③ Octanol and phthalic anhydride are operating at high price levels, reducing DOP profitability.
New order transactions in the raw material octanol market have weakened, with expectations for spot price declines. Similarly, new orders in the phthalic anhydride market have slowed, and prices are also expected to fall. Based on raw material trends, the cost basis for the DOP market shows signs of decreasing. The DOP market lacks demand support at current high price levels. Combined with bearish expectations for raw material prices, DOP market prices are projected to decline next week. However, the pace of cost reduction may be relatively slow. Additionally, limited supply in the East China region may further dampen the rate of price decline. Facing restocking ahead of the upcoming "Double Holiday" period, end-users will continue to purchase based on price conditions.
For more weekly market analysis, please refer to the Chempricehub Information DOP Weekly Report
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