DOP Market Sees Firm Demand-Driven Transactions (September 16, 2026)

1. Daily Summary

① The DOP market remained stable, with room for negotiation on transactions.
② Today's domestic DOP capacity utilization rate stood at 53%.

2. Spot Market Overview

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

Data Source: Chempricehub Information

Using the Jiangsu region as a benchmark, today's mainstream DOP price was 10,800 CNY/ton delivered, aligning with morning expectations. Today, DOP prices maintained high-level operations; however, inquiry activity was generally weak. Some holders of profitable positions were actively selling, and transaction prices for certain supplies were negotiable. At current price levels, inquiries remained primarily driven by rigid demand. The DOP market continues to receive support from cost factors.

3. Production Dynamics

DOP capacity utilization remained at the 53% level. Regarding profits, phthalic anhydride prices rose, while East China octanol prices stabilized. With DOP prices remaining steady, the profit margin was 44 CNY/ton.

4. Price Forecast

Upstream xylene prices rose again, providing continued cost support for the DOP market. Spot availability in East China remains tight, while demand-side support is relatively weak. Therefore, DOP prices are expected to continue consolidating.

5. Related Products

Octanol Market: Today, the domestic octanol market experienced narrow fluctuations, with spot negotiations trending slightly downward. Major producers maintained firm offers, supported by international crude oil and propylene prices, though buyer interest was lackluster. Industry inventories are currently low, leading merchants to operate cautiously amidst poor trading sentiment.

6. Data Calendar

Table 2: Domestic DOP Data Overview (Units: 10,000 tons, CNY/ton)

Notes:

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