① DOP market prices declined by 100–200 RMB/ton.
② Today’s domestic DOP capacity utilization rate stood at 56%.
Table 1: Domestic DOP Price Summary (Unit: RMB/ton)
| Market | Pricing Terms | Previous Period | Current Period | Change | % Change |
|---|---|---|---|---|---|
| North China | Ex-works | 10,225 | 10,125 | -100 | -0.98% |
| Shandong | Ex-works | 10,400 | 10,250 | -150 | -1.44% |
| Jiangsu | Delivered | 10,600 | 10,400 | -200 | -1.89% |
| Zhejiang | Ex-works | 10,550 | 10,350 | -200 | -1.90% |
| South China | Delivered | 10,750 | 10,600 | -150 | -1.40% |
| Key Upstream – n-Octanol | |||||
| Shandong | Ex-works | 9,200 | 9,200 | 0 | 0.00% |
Data Source: Chempricehub Information
Taking the Jiangsu region as a benchmark, today’s mainstream DOP price was quoted at 10,400 RMB/ton on a delivered basis, consistent with morning expectations. Raw material n-octanol prices remained stable, while DOP market prices continued to slide. Buying interest in the spot market was weak, with downstream users maintaining only small-volume procurement for essential needs. Industry participants retained a wait-and-see attitude toward the raw materials market, resulting in overall lackluster trading activity.
The DOP capacity utilization rate remained at 56%. Regarding profitability, phthalic anhydride prices fell, East China n-octanol prices declined, and DOP prices dropped, leading to a profit margin of -113 RMB/ton.
DOP market prices are currently trending downward. Downstream users remain cautious, limiting inquiries to small volumes for essential needs. Market traders continue to hold bearish sentiments regarding raw materials, suggesting that DOP prices will likely maintain a softening trend.
n-Octanol Market: Today, spot negotiation sentiment in the domestic n-octanol market remained weak. Major plants maintained their listed prices, but lower selling prices from intermediaries pressured plant-level transactions, with spot trades dominated by small orders. Currently, operating rates at n-octanol plants have increased slightly, leading to ample market supply. Producers are primarily focused on reducing inventory and selling before the holiday.
Table 2: Domestic DOP Data Overview (Unit: 10k tons, RMB/ton)
| Indicator | Release Date | Previous Period | Expected Trend |
|---|---|---|---|
| DOP Weekly Output | Thursday 16:00 PM | 2.48 | ↗ |
| DOP Average Weekly Capacity Utilization | Thursday 16:00 PM | 54% | ↗ |
| DOP Average Weekly Production Profit | Thursday 16:00 PM | -7 | ↘ |
Data Source: Chempricehub Information
Notes:
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