DOP Market Price Rises (2026-09-07)

1. Today's Summary

• DOP market prices increased by around 50-100 yuan/ton.
• Today's domestic DOP capacity utilization rate was 57%.

2. Spot Market Overview

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

Taking the Jiangsu region as the benchmark, today's mainstream DOP price was 10,050 yuan/ton delivered, closely matching the morning expectation. Raw material 2-EH operated steadily today. With DOP production costs at a high level, market prices remained firm. Price increases varied across markets. At elevated price levels, participants mainly focused on active shipments. Some real-demand buying was concluded in the lower price range, while the pass-through of high prices to downstream buyers was sluggish.

3. Production Update

DOP capacity utilization was at 57%. In terms of profit, with phthalic anhydride prices stable and East China 2-EH prices stable, while DOP prices rose, the profit margin stood at -28 yuan/ton.

4. Price Forecast

The DOP market maintained firm price support during the day, but high-price transactions were mediocre. With crude oil prices at high levels, moderate real-demand deals were concluded in the relatively low-end price range. At present, the raw material market is running stably, and DOP market prices are expected to consolidate at high levels.

5. Related Product Market Update

2-EH market: Today's domestic 2-EH market was stable. Supply is expected to recover this week. Downstream users mainly digested contract inventories for now. New order trading sentiment was moderate, with most transactions in small lots. Mainstream plants kept low inventory levels, and producers maintained stable quotations.

6. Data Calendar

Table 2 China DOP Data Overview (Unit: 10,000 tons, yuan/ton)

Notes:

1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates narrow fluctuation, highlighting data with changes within 0-3%.