① The DOP market declined, with a drop of 100 RMB/ton.
② Today's domestic DOP capacity utilization rate stands at 55%.
Table 1: Domestic DOP Price Summary (Unit: RMB/ton)
| Market | Pricing Terms | Previous Period | Current Period | Change | Change % |
|---|---|---|---|---|---|
| North China | Ex-works | 10425 | 10325 | -100 | -0.96% |
| Shandong | Ex-works | 10500 | 10450 | -50 | -0.48% |
| Jiangsu | Delivered | 10750 | 10650 | -100 | -0.93% |
| Zhejiang | Ex-works | 10700 | 10600 | -100 | -0.93% |
| South China | Delivered | 10800 | 10750 | -50 | -0.46% |
| Key Upstream - Octanol | |||||
| Shandong | Ex-works | 9500 | 9400 | -100 | -1.05% |
Data Source: Chempricehub Information
Taking the Jiangsu region as the benchmark, today's mainstream DOP price is 10,650 RMB/ton on a delivered basis, aligning with morning expectations. Today, raw material octanol prices fell, causing DOP market prices to continue weakening. Merchants are actively shipping goods, and low-price transactions have been frequently reported. However, end-user buying interest remains insufficient, inquiry activity is sluggish, and demand support is weak.
The DOP capacity utilization rate remains at 55%. Regarding profits, phthalic anhydride prices remained stable, while East China octanol prices declined. Consequently, DOP prices dropped, resulting in a profit margin of -22 RMB/ton.
Currently, DOP market prices continue to weaken due to insufficient demand follow-through. Merchants maintain a wait-and-see attitude toward market trends. It is expected that DOP market prices will continue to soften and decline.
Octanol Market: Today, the domestic octanol market center fluctuated within a narrow range, with spot negotiations trending slightly downward. Mainstream plant offers remained firm, supported by international crude oil and propylene prices, but buying interest was average. Industry inventory levels are currently relatively low; merchants are operating cautiously, and market trading activity is lackluster.
Table 2: Domestic DOP Data Overview (Units: 10,000 tons, RMB/ton)
| Indicator | Release Date | Previous Value | Current Trend Forecast |
|---|---|---|---|
| DOP Weekly Output | Thursday 16:00 PM | 2.48 | ↗ |
| DOP Weekly Average Capacity Utilization Rate | Thursday 16:00 PM | 54% | ↗ |
| DOP Weekly Average Production Profit | Thursday 16:00 PM | -7 | ↘ |
Data Source: Chempricehub Information
Notes:
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