1、 Price trend

The factory price of octanol in Shandong Province rose this week. This week, the average price of mainstream factory price of octanol in Shandong increased from 7166.67 yuan / ton at the beginning of the week to 7416.67 yuan / ton at the end of the week, an increase of 3.48%, and a year-on-year decrease of 2.20% compared with the same period of last year. Overall, octanol market rose this week, with the octanol commodity index of 54.54 on September 18.

2、 Market analysis

From the manufacturer’s quotation, the main octanol manufacturer’s factory quotation in Shandong Province rose this week: Jianlan Chemical Co., Ltd. quoted 7300 yuan / ton of octanol at the end of this week, 300 yuan / ton higher than that at the beginning of the week; lihuayi’s offer of octanol was 7350 yuan / ton this weekend, which was 250 yuan / ton higher than that at the beginning of the week; Hualu Hengsheng’s offer of octanol was 7600 yuan / ton at the end of this week, compared with the beginning of the week It increased by 300 yuan / ton.

Judging from the upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol rose this week, with the quotation rising from 7280.45 yuan / ton at the beginning of the week to 7474.55 yuan / ton at the end of the week, with an increase of 2.67%, and a decrease of 6.61% compared with the same period last year. Upstream raw material market price rise, affected by the supply and demand side, has a positive impact on the price of octanol.

Octanol downstream market, DOP factory price rose slightly this week. DOP quotation rose from 7116.67 yuan / ton at the beginning of the week to 7250.00 yuan / ton at the end of the week, with an increase of 1.87%, which was 8.42% lower than that of the same period last year. Downstream DOP prices rose slightly, downstream customers’ enthusiasm for octanol procurement increased, octanol demand increased, DOP price rise had a positive impact on the octanol market. After the market operators more watch the trend of DOP.

3、 Future forecast

In the first ten days of September, the market trend of octanol in Shandong was mainly fluctuated. The upstream propylene market rose sharply, supporting octanol to some extent, and the downstream DOP market was gradually rising, the downstream purchasing enthusiasm was rising, and the octanol supply was normal. Octanol analysts believe that: in the early September of Shandong octanol market, under the influence of supply and demand and raw materials and other aspects, the octanol market may fluctuate and rise slightly.