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Published on 2026-11-02
  1. Daily Summary

① Today, the domestic DOTP market price rose by 100–150 yuan/ton.

② Today, the domestic DOTP capacity utilization rate stood at 60%, indicating moderate overall operating levels.

  1. Spot Market Overview

Table 1: Domestic DOTP Price Summary (Unit: Yuan/Ton)

Market Pricing Basis Previous Period Current Period Change % Change
Shandong Ex-works 11,100 11,250 +150 +1.35%
Zhejiang Ex-works 11,200 11,300 +100 +0.89%
Jiangsu Delivered 11,300 11,450 +150 +1.33%
North China Ex-works 11,050 11,200 +150 +1.36%
Guangdong Delivered 11,200 11,350 +150 +1.34%
Key Upstream Feedstock
Shandong Octanol Ex-works 10,200 10,250 +50 +0.49%

Based on the Zhejiang region as a benchmark, today’s quoted DOTP price in the Zhejiang market closed at 11,300 yuan/ton, up 100 yuan/ton from the previous working day, consistent with morning expectations.

Today, domestic DOTP prices edged higher amid a stalemate, with increases ranging from 100 to 150 yuan/ton. Rising octanol feedstock costs supported continued upward adjustments in DOTP quotes; however, buyers remained cautious about chasing high prices, and limited essential demand led to a weakening trading atmosphere for new orders, placing pressure on further DOTP price gains.

  1. Production Dynamics

Today, the domestic DOTP capacity utilization rate was 60%, reflecting moderate production activity. Regarding profitability, rising East China octanol prices combined with slightly lower PTA prices and increased DOTP prices in the Zhejiang market resulted in a modest expansion of theoretical profit margins for sample enterprises in Zhejiang. Theoretical profit reached 431 yuan/ton today.

  1. Price Forecast

On the cost side, the pace of increase in core feedstock octanol prices has slowed, while PTA prices are undergoing consolidation. With weakening cost support and insufficient demand-side tailwinds, buyers remain cautious about following high prices, creating headwinds for further DOTP price appreciation. The DOTP market is expected to trade sideways tomorrow as it digests recent gains. Stakeholders should monitor crude oil movements closely, as they could trigger rapid shifts in market sentiment.

  1. Feedstock Market

Today, the domestic octanol market trended slightly higher, though spot trading activity remained subdued. Declining propylene feedstock prices and falling international crude oil prices during the session fostered a wait-and-see attitude among buyers, resulting in only small-volume essential purchases. Some producers raised their listed prices primarily due to significant cost pressures, keeping market prices firm.

  1. Data Calendar

Table 2: Domestic DOTP Data Overview (Units: 10,000 tons, Yuan/Ton)

Indicator Release Time Previous Value Expected Trend
Weekly DOTP Output Thursday 16:00 PM 40,700 tons ↗
Average Weekly Capacity Utilization Rate Thursday 16:00 PM 59.80% ↗
Average Weekly Profit Thursday 16:00 PM 311 ↘

Comments

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  • Hannah Berg 2026-11-02 20:03
    DOTP prices climbed 100-150 yuan/ton on higher octanol feedstock costs, lifting margins to 431 yuan/ton. Yet, with capacity utilization at just 60% and weak downstream demand, traders remain cautious. I expect the market..
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