1、 Price trend
According to the price monitoring of the business agency, the ex factory price of octanol in Shandong Province rose slightly this week. This week, the average ex factory price of main octanol in Shandong increased from 5950.00 yuan / ton at the beginning of the week to 6000.00 yuan / ton at the end of the week, up 0.84%, down 18% year on year compared with the same period last year. Overall, octanol rose this week, with the May 15 octanol commodity index at 44.12.
2、 Market analysis
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（1） Products:
At present, the operating rate of domestic octanol plant is acceptable; Hualu Hengsheng’s 80000 T / a octanol plant starts 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 the mainstream octanol manufacturers in Shandong slightly increased: the quotation of the octanol of Jianlan Chemical Co., Ltd. at the end of this week was 6300 yuan / ton, which was temporarily stable compared with that at the beginning of this week; the quotation of the octanol of lihuayi Co., Ltd. at the end of this week was 6400 yuan / ton, which was 150 yuan / ton higher than that at the beginning of this week; the octanol unit maintenance of hualuhengsheng Co., Ltd. this week.
（2） Industrial chain:
Upstream raw material Market: propylene market rose slightly this week. The quotation increased from 6331.91 yuan / ton at the beginning of the week to 6656.55 yuan / ton at the end of the week, up 5.13%, down 3.09% year on year. The price of raw materials in the upstream market rose slightly, which had a positive impact on the price of octanol due to the impact of supply and demand.
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Downstream market: the price of DOP factory rose slightly this week. The DOP quotation increased from 6700.00 yuan / ton at the beginning of the week to 6733.33 yuan / ton at the end of the week, up 0.50%, down 11.40% year on year. Downstream customers are more active in purchasing octanol, demand for octanol is higher, and DOP price increase has a positive impact on octanol market. The aftermarket operators mostly wait and see the trend of DOP.
3、 Future forecast
In late May, the trend of Shandong octanol market may fluctuate slightly. The upstream propylene price increased slightly, the cost support was strong, and the downstream procurement enthusiasm was good. According to the octanol analysts of the business agency, the octanol market in Shandong in late may may may rose slightly under the influence of supply and demand and raw materials.
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