① DOP market prices declined, with drops ranging from 150 to 250 CNY/ton.
② Today’s domestic DOP capacity utilization rate stood at 57%.
Table 1: Domestic DOP Price Summary (Unit: CNY/ton)
| Market | Pricing Terms | Previous Period | Current Period | Change | % Change |
|---|---|---|---|---|---|
| North China | Ex-works | 10900 | 10800 | -100 | -0.92% |
| Shandong | Ex-works | 10950 | 10800 | -150 | -1.37% |
| Jiangsu | Delivered | 11100 | 10950 | -150 | -1.35% |
| Zhejiang | Ex-works | 11150 | 10900 | -250 | -2.24% |
| South China | Delivered | 11350 | 11200 | -150 | -1.32% |
| Key Upstream – Octanol | |||||
| Shandong | Ex-works | 9900 | 9700 | -200 | -2.02% |
Data Source: Chempricehub Information
Using the Jiangsu region as a benchmark, today’s mainstream DOP price was quoted at 10,950 CNY/ton on delivered terms, consistent with morning expectations. Today, raw material octanol prices fell, causing DOP market prices to continue declining in tandem. However, with the start of the week, market participants exhibited a wait-and-see attitude. Overall inquiry activity remained weak, and end-users primarily maintained small-volume purchases driven by rigid demand.
The DOP capacity utilization rate stood at 57%. Regarding profitability, phthalic anhydride prices via the ortho-xylene process declined, East China octanol prices dropped, and DOP prices also fell, resulting in a profit margin of -83 CNY/ton.
Current DOP market prices continue to decline. Buyer sentiment remains insufficient, with a prevailing wait-and-see attitude. Transactions are still dominated by rigid demand. With inadequate demand support, DOP prices are expected to continue trending weakly downward.
Octanol Market: Today, the domestic octanol market center shifted lower, with buyer enthusiasm showing no signs of improvement. Raw material propylene prices edged slightly downward, increasing cost pressure on octanol producers. However, due to the recent restart of some octanol units, supply conditions have loosened. Downstream users are primarily focusing on consuming existing inventory. Some traders actively offered goods at slightly lower prices, impacting transactions for higher-priced offers.
Table 2: Domestic DOP Data Overview (Unit: 10,000 tons, CNY/ton)
| Indicator | Release Date | Previous Period | Current Trend Forecast |
|---|---|---|---|
| DOP Weekly Output | Thursday 16:00 PM | 2.84 | ↗ |
| DOP Average Weekly Capacity Utilization | Thursday 16:00 PM | 58% | ↗ |
| DOP Average Weekly Production Profit | Thursday 16:00 PM | 7 | ↗ |
Data Source: Chempricehub Information
Notes:
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