① DOP market prices rose by approximately 100 yuan/ton.
② Domestic DOP capacity utilization stood at 57% today.
Table 1: Domestic DOP Price Summary (Unit: Yuan/ton)
| Market | Pricing Terms | Previous Period | Current Period | Change | % Change |
|---|---|---|---|---|---|
| North China | Ex-works | 11,100 | 11,200 | +100 | 0.90% |
| Shandong | Ex-works | 11,150 | 11,200 | +50 | 0.45% |
| Jiangsu | Delivered | 11,300 | 11,400 | +100 | 0.88% |
| Zhejiang | Ex-works | 11,250 | 11,400 | +150 | 1.33% |
| South China | Delivered | 11,500 | 11,600 | +100 | 0.87% |
| Key Upstream – N-Octanol | |||||
| Shandong | Ex-works | 10,200 | 10,250 | +50 | 0.49% |
Data Source: Chempricehub Information
Based on the Jiangsu region as a benchmark, today’s mainstream DOP price was 11,400 yuan/ton delivered, aligning with morning expectations. Raw material prices for n-octanol and phthalic anhydride increased, driving DOP prices up due to cost pressures. However, high-price transmission faced resistance; downstream users adopted a wait-and-see approach, having largely fulfilled their purchasing needs last week and currently holding sufficient inventory. Consequently, market trading activity remained moderate.
DOP capacity utilization is at 57%. Regarding profitability, prices for ortho-phthalic anhydride and East China n-octanol rose, pushing DOP prices higher. The profit margin stands at -87 yuan/ton.
DOP market transactions lack follow-through momentum, with downstream product manufacturers engaging in rigid-demand procurement but showing little willingness to chase price increases. However, rising upstream prices for n-octanol and phthalic anhydride provide significant cost support. Amidst this tug-of-war between bullish and bearish factors, DOP prices are expected to consolidate within a high range.
N-Octanol Market: Today, the domestic n-octanol market center shifted slightly upward, while spot trading sentiment remained subdued. Falling propylene feedstock prices and declining intraday international crude oil prices led to strong wait-and-see attitudes among buyers, resulting in limited small-lot transactions driven by rigid demand. Some plants raised their listed prices primarily due to significant cost pressures, keeping market prices firm.
Table 2: Domestic DOP Data Overview (Units: 10,000 tons, Yuan/ton)
| Data Indicator | Release Date | Previous Period | Expected Trend for Current Period |
|---|---|---|---|
| DOP Weekly Output | Thursday 16:00 PM | 2.99 | ↘ |
| DOP Average Weekly Capacity Utilization | Thursday 16:00 PM | 61% | ↘ |
| DOP Average Weekly Production Profit | Thursday 16:00 PM | 43 | ↘ |
Data Source: Chempricehub Information
Notes:
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