1、 Price trend
According to the price monitoring of the business agency, the ex factory price of octanol in Shandong Province was temporarily stable this week. This week, the average ex factory price of main octanol in Shandong was 6916.67 yuan / ton, down 14.61% year on year. Overall, this week’s octanol market was temporarily stable, with the January 17 octanol commodity index at 50.86.
2、 Market analysis
（1） Products:
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.
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This week, the ex factory quotation of Shandong mainstream octanol manufacturers is temporarily stable: Hualu Hengsheng’s ex factory quotation of octanol this weekend is 6900 yuan / ton, which is temporarily stable compared with the beginning of the week; Jianlan chemical’s quotation of octanol this weekend is 6950 yuan / ton, which is temporarily stable compared with the beginning of the week; lihuayi’s quotation of octanol this weekend is 6900 yuan / ton, which is temporarily stable compared with the beginning of the week.
（2） Industrial chain:
Upstream raw material Market: propylene market fell slightly this week. The quotation dropped from 7227.08 yuan / ton at the beginning of the week to 7211.25 yuan / ton at the end of the week, down 0.22%, down 8.72% year on year. The price of raw materials in the upstream market fell slightly, which had a negative impact on the price of octanol due to the impact of supply and demand.
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Downstream market situation: this week, DOP factory price is temporarily stable. The DOP price is not 7300.00 yuan / ton, down 13.95% 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.
3、 Future forecast
In late January, the trend of Shandong octanol market may fluctuate slightly. After the adjustment in December, 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 fell slightly, the cost support was weak, the downstream DOP market was low and consolidated, and the downstream procurement enthusiasm was weak. According to the octanol analyst of business agency, the octanol market in Shandong in late January may fluctuate slightly under the influence of supply and demand and raw materials.
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