Table 1 Domestic DOP Price Summary (Unit: RMB/tonne)
| Market | Price Basis | Previous | Current | Change | % Change |
|---|---|---|---|---|---|
| North China | Ex-warehouse | 9725 | 9975 | 250 | 2.57% |
| Shandong | Ex-warehouse | 9750 | 9925 | 175 | 1.79% |
| Jiangsu | Delivered | 10050 | 10150 | 100 | 1.00% |
| Zhejiang | Ex-warehouse | 9975 | 10050 | 75 | 0.75% |
| South China | Delivered | 10050 | 10150 | 100 | 1.00% |
| Key upstream – octanol | |||||
| Shandong | Ex-warehouse | 8850 | 8875 | 25 | 0.28% |
Source: Chempricehub Information
Taking the Jiangsu region as the benchmark, the mainstream DOP price stood at RMB 10,150/tonne delivered today, broadly in line with the morning forecast. Costs in today's DOP market remained at elevated levels, and mainstream sellers continued to raise their opening prices. Supported by higher crude oil prices and strong cost support, intraday trading sentiment was fairly good. In the afternoon, some sellers further raised prices by around RMB 100/tonne, lending additional upward momentum, while most mainstream suppliers kept their sales volumes under tight control.
DOP capacity utilization remained at 55%. In terms of profitability, phthalic anhydride prices rose, while octanol prices in East China held steady; with DOP prices increasing, the profit margin reached RMB 34/tonne.
Intraday DOP trading was smooth, with buying sentiment driven by firm price support from the feedstock markets. Backed by both active trade and firm cost support, DOP prices are expected to extend their upward trend tomorrow.
Octanol market: The domestic octanol market held firm at a high level today. With international crude oil and feedstock propylene prices rising sharply, trading sentiment for new orders in the octanol market improved. Spot transaction prices edged higher, while downstream users mostly maintained rigid-demand purchasing, and spot supply remained tight.
Table 2 Domestic DOP Data Overview (Units: 10,000 tonnes, RMB/tonne)
| Data Item | Release Date | Previous Data | Expected Trend |
|---|---|---|---|
| DOP weekly output | Thursday 16:00 | 2.54 | ↗ |
| DOP weekly average capacity utilization | Thursday 16:00 | 55% | ↗ |
| DOP weekly average production profit | Thursday 16:00 | -62 | ↘ |
| Source: Chempricehub Information. Notes: 1. ↓/↑ indicates a sharp fluctuation, highlighting data with a change rate of more than 3%. 2. ↗/↘ indicates a narrow fluctuation, highlighting data with a change rate within 0–3%. |
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