Tip

1. Today's Summary

① DOP market prices remained stable.
② Today’s domestic DOP capacity utilization rate was 57%.

2. Spot Market Overview

Table 1: Domestic DOP Price Summary (Unit: CNY/ton)

Data Source: Chempricehub Information

Taking the Jiangsu region as a benchmark, today’s mainstream DOP price was 11,400 CNY/ton delivered, consistent with morning expectations. Today, DOP market prices operated steadily. Traders were actively selling, and some offered room for negotiation; however, inquiry volume was insufficient. Downstream users had adequate supply, showing limited willingness to buy at high prices. Overall trading sentiment in the market was lackluster.

3. Production Dynamics

The DOP capacity utilization rate stood at 57%. Regarding profitability, prices for phthalic anhydride (from o-xylene process) and East China octanol remained stable, as did DOP prices. The profit margin was -70 CNY/ton.

4. Price Forecast

DOP market transactions were sluggish. Downstream end-users prioritized consuming existing inventory, resulting in low interest for new orders and a strong wait-and-see attitude. Upstream prices for octanol and phthalic anhydride remained at high levels, creating significant cost pressure for DOP producers. DOP prices are expected to consolidate within a narrow range.

5. Related Products Status

Octanol Market: Today, the domestic octanol market center remained stagnant. Yesterday’s sharp drop in international crude oil closing prices dampened buyer enthusiasm, increasing wait-and-see attitudes among downstream users. Supply in the East China region remained tight, with local downstream users purchasing based on essential demand. Trading activity was moderate.

6. Data Calendar

Table 2: Domestic DOP Data List (Unit: 10k tons, CNY/ton)

Data Source: Chempricehub Information
Note:

1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates minor fluctuation, highlighting data dimensions with changes within 0-3%.