Price Trend

According to the price monitoring of business associations, the ex-factory price of octanol in Shandong fell slightly this week. This week, the average price of octanol mainstream ex-factory quotation in Shandong fell from 7783.33 yuan/ton at the beginning of the week to 7733.33 yuan/ton at the end of the week, a decline of 0.64%, 17.02% compared with the same period last year. Overall, the octanol market fell slightly this week, with the octanol commodity index of 57.11 on September 27.

II. Market Analysis

(1) Products:

At present, the domestic octanol plant start-up rate is still acceptable; Hualu Hengsheng 80,000 tons/year octanol plant start-up normal, this week’s offer is firm; Jiangsu Huachang chemical octanol plant annual capacity 80,000 tons, no maintenance plan.

This week, the quotation of Shandong main octanol producers fell slightly: Hualu Hengsheng’s octanol quotation for this weekend was 7800 yuan/ton, the quotation was temporarily stable; Jianlan Chemical Company’s octanol quotation for this weekend was 7800 yuan/ton, compared with the beginning of the week, the quotation was temporarily stable; Lihua Yi’s octanol quotation for this weekend was 7600 yuan/ton, compared with the beginning of the week, the quotation fell by 15%. 0 yuan / ton.

(2) Industrial chain:

Upstream raw material market: Propylene market fell slightly this week. The quotation fell from 7861.62 yuan/ton at the beginning of the week to 7842.38 yuan/ton at the end of the week, a decline of 0.24%, 20.36% compared with the same period last year. The price of raw materials in the upstream market has fallen slightly, which is affected by supply and demand, and has a negative impact on octanol price.

Downstream market: DOP ex-factory prices fell slightly this week. DOP quotation fell from 7966.67 yuan/ton at the beginning of the week to 7950.00 yuan/ton at the end of the week, a decline of 0.21%, down 15.72% from the same period last year. The downstream customers’enthusiasm for octanol purchasing declined, and the demand for octanol was general. The decline of DOP price had a negative effect on the octanol market. Future traders are more likely to watch the trend of DOP.

3. Future Market Forecast

The octanol market in Shandong rose in early October. After the adjustment in August, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. As the National Day holidays are approaching, environmental protection and transportation inspection are strict, the price of propylene in the upstream is falling, and the cost support is weak. At the same time, the downstream market is also falling. The downstream purchasing enthusiasm is general. At present, octanol stocks in Shandong are low, shipments are tight, high-end declines, and low-end bottom touching can be controlled as a whole. Octanol analysts believe that after the National Day, the octanol market in Shandong Province has been affected by supply and demand, raw materials and other factors, and the octanol market has risen or shocked.