I. Key Points
Core Logic: Cost support remains present, with DOTP traders maintaining firm pricing strategies.
II. Price Table
| Product | Region | 10/7 | 9/27 | Change Rate |
|---|---|---|---|---|
| DOTP | Zhejiang Area | 10,250 | 10,150 | +0.99% |
| Octanol | Shandong Area | 8,800 | 8,900 | -1.12% |
| PTA | East China Area | 7,170 | 7,130 | +0.56% |
| Notes: 1. Octanol, PTA, and DOTP all refer to National Standard Premium Grade products. 2. Prices for these three commodities are in RMB, unit: yuan/ton. 3. All RMB prices in the table above are ex-factory cash-inclusive tax prices. 4. The two periods represent point-in-time prices for the current day and the previous working day. 5. The change rate is the period-over-period percentage change. |
Data Source: Chempricehub Information
III. Data Table
| Data Type | Oct 4 | Sep 27 | Change Rate | Weekly Outlook |
|---|---|---|---|---|
| Capacity Utilization Rate | 58.70% | 60.46% | -1.76% | ↗ |
| Production Profit Margin | 1.76% | 2.33% | -0.57% | ↘ |
| Notes: 1. The capacity utilization rate reflects production output as a proportion of installed capacity, indicating production levels. 2. The production profit margin is industry-wide data, reflecting the overall profitability situation in mainstream regions, calculated as the ratio of industry profit to average price. 3. All data in the table above are weekly averages, covering Monday through Sunday. |
Data Source: Chempricehub Information
IV. Market Outlook
During the holiday, the DOTP market remained quiet with buyers adopting a wait-and-see approach, resulting in narrow-range price consolidation. The price of octanol, a key raw material, rebounded after an initial drop, providing some cost-side support for DOTP. Post-holiday demand may see phased restocking driven by rigid needs at lower prices. DOTP traders are primarily focused on maintaining firm prices. It is expected that DOTP market prices will continue to consolidate at high levels in the near term. Attention should be paid to the recovery strength of downstream demand post-holiday and sentiment shifts caused by crude oil price fluctuations.
V. Data Calendar
| Data Item | Release Date | Previous Data | Current Trend Forecast |
|---|---|---|---|
| DOTP Weekly Output | Thursday 16:00 PM | 38,900 tons | ↘ |
| DOTP Weekly Average Capacity Utilization Rate | Thursday 16:00 PM | 60.04% | ↘ |
| DOTP Weekly Average Production Profit | Thursday 16:00 PM | 186 yuan/ton | ↘ |
| Notes: 1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates narrow-range volatility, highlighting data dimensions with changes within 0-3%. |
Data Source: Chempricehub Information
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