① DOP market prices rose by 200 yuan/ton.
② Domestic DOP capacity utilization stood at 61% today.
Table 1: Summary of Domestic DOP Prices (Unit: Yuan/Ton)
| Market | Price Terms | Previous Period | Current Period | Change | % Change |
|---|---|---|---|---|---|
| North China | Ex-works | 10900 | 11100 | 200 | 1.83% |
| Shandong | Ex-works | 10900 | 11150 | 250 | 2.29% |
| Jiangsu | Delivered | 11100 | 11300 | 200 | 1.80% |
| Zhejiang | Ex-works | 11050 | 11250 | 200 | 1.81% |
| South China | Delivered | 11300 | 11500 | 200 | 1.77% |
| Key Upstream - Octanol | |||||
| Shandong | Ex-works | 9900 | 10200 | 300 | 3.03% |
Data Source: Chempricehub Information
Taking the Jiangsu region as the benchmark, the mainstream delivered price for DOP was 11,300 yuan/ton today, consistent with morning expectations. Raw material octanol prices increased, leading to a cost-driven rise in DOP prices. Some traders replenished stocks based on rigid demand. In the afternoon, prices continued to firm up in certain regions, while downstream users maintained purchasing activity strictly according to their immediate needs.
DOP capacity utilization remained at 61%. Regarding profitability, prices for phthalic anhydride via the ortho-xylene route and East China octanol both rose, alongside an increase in DOP prices. The profit margin stood at -100 yuan/ton.
During the first half of the week, cumulative trading volume in the DOP market was robust, providing support for weekly price movements. Additionally, phthalic anhydride and octanol prices continue to trade at high levels, offering further cost-side support. It is expected that low-priced offers for DOP will decrease tomorrow, with prices likely to rise slightly.
Octanol Market: Today, domestic octanol prices saw a widened increase. Continuous significant rises in raw material propylene prices have pushed up octanol production costs. Driven by these cost pressures, octanol producers adjusted their quoted prices upward. Downstream users slowed their procurement of spot octanol at higher prices, resulting in a moderate market negotiation atmosphere.
Table 2: Domestic DOP Data Overview (Units: 10,000 tons; Yuan/Ton)
| Indicator | Release Date | Previous Data | Projected Trend |
|---|---|---|---|
| Weekly DOP Output | Thursday 16:00 PM | 2.99 | ↘ |
| Weekly Average DOP Capacity Utilization | Thursday 16:00 PM | 61% | ↘ |
| Weekly Average DOP Production Profit | Thursday 16:00 PM | 43 | ↘ |
Data Source: Chempricehub Information
Notes:
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