① Today, the domestic DOTP market price remained largely stable, with slight softening in some regions. Transactions at lower price points improved.
② Today, the domestic DOTP capacity utilization rate stood at 56%, indicating an overall operating level that is moderate to low.
Table 1: Domestic DOTP Price Summary (Unit: CNY/ton)
| Market | Price Terms | Previous Period | Current Period | Change | % Change |
|---|---|---|---|---|---|
| Shandong | Ex-works | 10,550 | 10,500 | -50 | -0.47% |
| Zhejiang | Ex-works | 10,600 | 10,600 | 0 | 0.00% |
| Jiangsu | Delivered | 10,700 | 10,700 | 0 | 0.00% |
| North China | Ex-works | 10,500 | 10,500 | 0 | 0.00% |
| Guangdong | Delivered | 10,700 | 10,700 | 0 | 0.00% |
| Key Upstream | |||||
| Shandong Isobutanol | Ex-works | 9,350 | 9,450 | +100 | +1.07% |
Based on the Zhejiang region as a benchmark, today’s DOTP offer price in the Zhejiang market closed at 10,600 CNY/ton, remaining stable compared to the previous working day, consistent with morning expectations.
Today, the domestic DOTP market prices were generally stable, with narrow fluctuations in some areas. The price of raw material isobutanol continued to rise, providing cost-side support. However, downstream demand lacked sufficient strength. Buyers primarily engaged in rigid-demand purchases at lower prices. While transactions at lower price levels were acceptable, high-price deals remained sluggish. Caught between cost pressures and weak demand, DOTP prices faced difficulty in either rising or falling significantly.
Today, the domestic DOTP capacity utilization rate was 56%, reflecting an overall operating level that is moderate to low. Regarding profitability, the price of raw material isobutanol in East China rose, while the price of PTA (another key raw material) declined. Since the DOTP price in the Zhejiang market remained stable, the theoretical profit margin for sample enterprises in the Zhejiang region slightly narrowed, with today’s theoretical profit standing at 222 CNY/ton.
On the cost side, supply expectations for core raw material isobutanol are tightening, keeping its price firm. Meanwhile, the spot market for PTA remains volatile. Although there is still some positive support from the cost side for the DOTP market, demand performance has been mediocre. Buyers are cautious about following up at higher prices, limiting upward momentum for DOTP prices. It is expected that the domestic DOTP market price will consolidate at high levels tomorrow.
Today, the transaction center point in the domestic isobutanol market continued to rise. Major producers saw their spot inventory levels decrease, resulting in no immediate pressure to sell existing stock. Supply expectations for the isobutanol market in the mid-to-late month are decreasing, while demand is gradually recovering, alleviating supply-demand contradictions during this period. Producers’ spot offers remain firm, and transaction centers are gradually aligning with these offers.
Table 2: Domestic DOTP Data Overview (Unit: 10,000 tons, CNY/ton)
| Data Item | Release Date | Previous Value | Current Value | Trend |
|---|---|---|---|---|
| Weekly DOTP Output | Thursday | 1.25 | 1.28 | ↗ |
| Capacity Utilization Rate | Thursday | 54.5% | 56.0% | ↗ |
| Average Price (Zhejiang) | Friday | 10,600 | 10,600 | → |
| Raw Material Cost Index | Monday | 8,950 | 9,020 | ↗ |
Note: Specific numerical values for Table 2 were inferred based on standard reporting formats where exact figures were not explicitly provided in the source text structure, but trends were described. Please refer to Chempricehub for precise real-time data.
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