1、 Price trend
According to the price monitoring of the business agency, the ex factory price of octanol in Shandong fell slightly this week. This week, the average price of the mainstream factory quotation of octanol in Shandong fell from 6600.00 yuan / ton to 6566.67 yuan / ton at the weekend, down 0.50%, down 15.38% compared with the same period last year. Overall, the octanol market fell slightly this week, with the octanol commodity index at 48.28 on February 21.
2、 Market analysis
（1） Products:
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At present, the operating rate of domestic octanol plant is acceptable; Hualu Hengsheng’s 80000 T / a octanol plant is operating normally, and this week’s offer is firm; the annual capacity of Jiangsu Huachang Chemical octanol plant is 80000 tons, and there is no maintenance plan.
This week, the factory quotation of main octanol manufacturers in Shandong slightly fell: the quotation of octanol of Jianlan Chemical Co., Ltd. at the end of this week was 6500 yuan / ton, down 100 yuan / ton compared with that at the beginning of this week; the quotation of octanol of lihuayi Co., Ltd. this week was 6300 yuan / ton, temporarily stable compared with that at the beginning of this week.
（2） Industrial chain:
Upstream raw material Market: propylene market rose this week. The quotation increased from 6102.58 yuan / ton at the beginning of the week to 6618.18 yuan / ton at the end of the week, up 8.45%, down 13.03% year on year. The price of raw materials in the upstream market slightly fell and rose. Affected by the supply and demand, the price of octanol had a positive impact.
Downstream market situation: this week, DOP factory price is lower and consolidated. DOP quoted 7233.33 yuan / ton, down 12.85% year on year. Downstream customers are less active in purchasing octanol, the demand for octanol is general, and the low price consolidation of DOP has a negative impact on octanol market. The aftermarket operators mostly wait and see the trend of DOP.
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3、 Future forecast
In late February, the trend of Shandong octanol market may fluctuate slightly. After the adjustment in January, the capital return of each plant is in good condition, the equipment maintenance is completed, and the production capacity is increased. The upstream propylene price rose, the cost support was strong, the downstream plant started gradually, and the downstream procurement enthusiasm rose. According to the octanol analyst of business agency, the octanol market in Shandong in late February may fluctuate slightly under the influence of supply and demand and raw materials.
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